AA was working behind the scenes to ensure the majority of shareholders would vote NO on the LFS acquisition. CC made her misleading comments in an attempt to fool shareholders to vote YES but ended up scaring LFS away from the take over deal all together. She then let LFS get away without having to pay the fee for a failed take over. The whole episode was a total fiasco and one could be forgiven for assuming CC's entire motive was to destroy the share price. As for Tannarra Capitol's large shareholding, they can still make money from a dropping share price if their holding was short. Interesting to note the amount of shorted shares over this timeframe is has between 3-5% depending on price cycle and Tannarra has a 5% holding, coincidence?
Also note the multitudes of sales of 1 share have recently ceased and the stock price has started to appreciate. This activity was clearly designed to lower the share price and should also be investigated as it was blatant manipulation. Only a significant entity that has special arrangements with the ASX is able to trade these small 1 share quantities. Could this activity also have been orchestrated by Tannarra?
At the exact time the shares were most suppressed Duncan Saville happens to swoop in an pick up a significant amount
of shares.
There is merit to digging deeper as a crime has most likely been inflicted upon humm's shareholders and it would be tragic if the shadowy perpetrator/s gets away scott free.
of course this is all in my opinion .
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