Forum Archive Index - February 2000

[Derek Watt <dkw@paradise.net.nz>]

Is there not a law against inside trading in this country yet?
Derek W


At 04:43 PM 2/2/00 NZDT, you wrote:
>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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