Forum Archive Index - March 2000
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[sharechat] Top Ten of AQL are all in Watson camp
Moose,
It is my belief that DFM plan to increase their stakeholding in AQL by
initially devaluing the share price by the comments they make on their
website, and then begin "soaking" (buying)up the shares at bargain basement
rates.
When the new direction is announced, the fewer shares on the market will
allow the price to shoot up which will then see DFM start releasing those
shares at the new inflated prices.
We have seen this happen time and time again in the past e.g. in the cases
of Strathmore and Spectrum but yet unfortunately, investors have short
memories or short patience, maybe both.
I know I am on to a good thing with AQL despite all the price fluctuations.
Watson is still there, his buddies are entrenched in that Aquaria 21 Trustee
Company, Watson has got first option on the Oregon Forestry stakeholding,
and the rest of the names on the Top Ten shareholder list are all in the
Watson camp.
When the announcement of its new direction is announced, the only benefiters
(other than the top 10 shareholders) will be those who have had the wisdom
and tenacity to overlook what is happening with the share price now and have
hung on to their AQL shares.
As for the rest (and there will be quite a few), it will be a case (as in
the past with the launch of SMR, SPE etc) of what it could have been!
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