aaarrrggggg, Harrie are you part of the fun Police....thought we,ve solved the riddle of A2 downward trjectory..gotta admit A2 came back after the announcement.....maybe another trader lol
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The a2 share price jump started in earnest in Dec and finished in around march april last year.
Its not clear yet whether a2 shares are the subject of the investigation. Milford also own close to 20% of Tourism holdings and restaurant brands.
I think it will be hard to prove manipulation if a2 is the one they are investigating in particular. who's to say that a2 was not considered to be worth 97c march/april last year?
MAC could be called as a key witness to demonstrate his DCF metrics showing that 97c at that time was still under valued, and that did not take into account speculation that growth in other intl markets could replicate Australia. The key question is does Milford still own them? In the absence of a SSH disclosure doc we have to assume so. You could hang your legal cloak on that one. That in relation to brokers recommendation and valuation of around 80c...where's the manipulation?
Nice to see a little tick up today though, but I'm still under water.
You need to keep up biker. Its all about a FMA enquiry into share manipulation by Milford which could have consequences for ATM SP in the short run.
Very quiet this morning . Well might as well start the ball rolling, just bought another 20,000.:).
Buyers rising. Once past that 160,000 at 51c , then up up to 60c before reporting day:t_up:.