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[sharechat] AQL

From:	"Osbert Sun" <osbert.sun@xtra.co.nz>
Date:	Tue, 25 Jan 2000 15:55:46 +1300

Isn't anyone curious about the large vol sale of AQL shares at the 20/21c level? While there has been a strong support at this level, the selling pressure was just as great. Could this have anything to do with the recently subscribed shares flooding into the market (provided the practice is allowed on NZSE)? And just who are those private investors taking up the new issues? Why has AQL never sought shareholders' approval for the recent placements of new issues? I am really puzzled by these questions. Comments and info would be greatly appreciated.

Osbert

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