Everyone claims they bought 5.5c... from my recollection, there were only 2 or 3 big trade at 5.5, then swiftly moved above 6... good luck if u bought 5.5, yr capital will be doubled soon...
James Manning is son of his late father, who i think worked at ATO and then started business and hotel, Chris is his fathers cusin i think, they both own sydney accounting business, given last yr top20 shows his wife also owns a part of that 17mil shares, i think the move is very calculated... i suspect they already had chairman in the bag who together with the board owns 30% will decide the sp of potencial takeover... thats why i said before management recently kept report bad news without mention good ones... if they took REF private for nothing, ozcontacts.com will be a profitable business
REF Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held