Forum Archive Index - February 2000
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Re: [sharechat] Private 10m placement of AQL
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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