SLA 0.00% $3.34 silk laser australia limited

what i do not understand is, page-3

  1. 11,702 Posts.
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    Aflatoon,

    "What I do not understand is why ANZ sold SLA shares so cheaply. What they know we do not know?"

    anz have to sell the Opes Prime holding within 1 year of getting them. They held nearly half the companys shares. Most of those shares belonged to directors & the scientists behind solagran. I wondered if the company would actually survive.

    You may ask why they sold so cheap. I actually wonder why the buyers paid so much!

    anz have actually managed to escape with about $15m from their holding in sla. It could have been much much less.

    cheers
 
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