AOE 0.00% $4.68 arrow energy limited

Agreed rennis.But what's stopping some other entity buying and...

  1. 24,386 Posts.
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    Agreed rennis.

    But what's stopping some other entity buying and selling doing a X trade after the event. Nothing illegal about that and it has happened before.

    The last one that spring to mind was with AGM, when the shares were sold at a price higher than the ZFZ's offer for quite a lenghty period of time, before they reached the 90% required.

    All of a sudden, out she come. ZFX got to their 90% and enforced the Compulsory Acquisition.

    I have written to the ASX on several occasion about it, presenting them with evidence, but we all know what usually happens from there.....

    I do own both AOE and PES. I wish I would still own what I use to have until I listened to some Brokers though...... I would have a hell of a lot more money by now. Talk about winning the lottery.

    Buddy
 
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