I was into a lot of confusion after a day of long hours at work then I read everyone's comments up here and suddenly price went funny at around 3 pm. Just got off the phone with Borg after work, and he explained to me about this interim order to be off-market department only. I thought it was both on-market and off-market bid too. Lucky, he corrected me.
But then when I read the interim order again, and I again made the same mistake by thinking the off-market offer means both on market and off market bid too as RG wanted to privatise the whole thing and price will drop by tomorrow. I messaged him again and blah blah blah all the non-sense. Just after the message, I google search 'pact group' and this news article pop up. Oops, sorry Borg, my bad!!
All I am saying is imagine if you are just an ordinary person and kinda dull like me, how many stages of confusion I went through today! Now, the whole thing make sense to me of what everyone was saying!!
I AGREED with Ben that, he should be stopped from buying shares on market too!! Just imagine a common person without any knowledge into laws, finance or even access to a newspaper, just by reading this interim order, would be a DISASTER, as I am afraid to say so, like everyone went through HELL up here!!
My opinion, DYOR!
Ann: T/O Panel: PGH Acting President Makes Interim Order, page-8
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