jimmyit would be funnier if there was less truth to your...

jimmy

it would be funnier if there was less truth to your statement

700 stocks covers a lot of ground.
I have followed this closely in the media and spoken to many friends about it. All reports are that ANZ has categorically and repeatedly stated that any selling will be done in an orderly fashion.They say there is no hurry and that most sales so far have been at less than a 2% discount to market. I think to do otherwise would be a public relations nightmare for them.

For exm we have the benefit of good liquidity which will allow for such selling to occur without damage to the sp. And as i stated before the actual Opes exposure is unknown and could be limited to one or two shareholders who participated in the recent placement.

With a list that big and so many shareholders its really not very suprising to see EXM on the list which comprises about 1/3 of all listed Companies.


regards

BoomTrader