Forum Archive Index - February 2000

["Richard Yelash" <richard.yelash@telecom.co.nz>]

I noticed the same. I think some people in the right position are just holding 
up the time scale until friends get on board. You have to remember that 
everytime this happens Eric's shares get diluted so he wouldn't be letting 
these extra shares be issued unless he was either gaining something or being 
helpful to friends.


>>> dvd_tpn@hotmail.com 02-02-2000 16:43 >>>
Just reflecting on that huge private placement of 10 million shares of AQL 
yesterday at 18c, did anyone note that it was just under 5% of total shares 
- which meant that the identity of the buyer didn't need to be disclosed. 
Now I wonder which one of Eric Watson's buddies is buying up large before 
the big announcements? At a total cost of $1.8 million, someone (or some 
organisation) must have a lot of confidence in AQL, or are privy to 
something that we aren't yet!!

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