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
AOE Price at posting:
$2.50 Sentiment: LT Buy Disclosure: Held