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[sharechat] AQL - dumping or collusion??


From: "David Thompson" <dvd_tpn@hotmail.com>
Date: Wed, 09 Feb 2000 16:34:58 NZDT


Re AQL:
Yes, I have noticed too that between 3.00-3.30pm today, there was very heavy 
trading of AQL shares at "discounted" rates. I am concerned about possible 
"dumping" but the enigma still remains, why were the shares quickly snapped 
up in the half-hour period too? Did someone or some people "in the know" 
knew that the shares were coming on at that price during that half-hour 
period and snapped them up just as quickly as them being "released" into the 
market?
For the record, some pretty sizeable lots "changed hands" during the 
half-hour - 127k, 123k, six lots of 100k, 95k, 85k, 81.5k which all equalled 
to about 1.1 million shares. These shares certainly did not go begging at 
that time and I truly suspect there is a collusion somewhere between some 
people.
Maybe the sherlock holmes types amongst our lot might have some answers.
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