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Ann: Change in substantial holding from AEF, page-21

  1. 572 Posts.
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    Have to love these uninformed comments on AEF and reasons for selling........... If fund managers didn't book profits along the way they should be fired. Sitting on a 400% gain, prudent to take a little profits. As for people speculating on CR just because someone sold a few shares..... do people not realise there is $6m coming in the door in December when the options get exercised? No need to CR for at least another 12 months and during that time, given confirmation of the early read-out results in the final results in Nov/Dec, it's more than likely partnership/licencing/takeover is coming. Cash would be the last thing on their minds. I have been in since 3c, won't be selling a dime until we see the whole deal - to which I'm of the view it's gonna be a hellova lot higher. Confirmation of results in Dec, I'm seeing 30c as my low-end target.
 
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