definitely a questionable offer, especially when its at such a high premium.
I fail to understand what they are up to
to scam the register? I doubt that can even happen effectively without payment (its a more regulated contract between 2 known parties)
as a propaganda tactic - why at such a premium if to serve zinjins agenda?
Perhaps they see a quick trade on offer - after-all they know shorters have to close, if they feel it will open much higher then its a great strategy..
the only logical answer here is they are wanting to be long on the stock, how and why is very unknown if not confusing
anyone want to explain why make an offer at 1.52 aud for a share last trading at 78c?
AVZ Price at posting:
78.0¢ Sentiment: Buy Disclosure: Held