ABA Abano health

[noodles]

All quiet on the battlefield it seems ....even the snipers seem to have gone to ground

Wish they would pull finger and sort things out fast ....does archer really want it? / what I'd hustler or whatever his name up to?

Patience winner ... The event is still playing out ....your rewards wil come soon.

That's what I keep telling myself ...but please please some action please

Someone has put a massive(500000) sell order on the market at $8.50. Is this a signal to the sniper's of what they would have to pay? Seems a little pointless putting the order on the market otherwise.

[percy]

Would love to see them snapped up.
That would focus the market's attention.!!

[winner69]

so an independent valuation report presented to the agm to take away the focus from a earnings downgrade

and now the paper says archer no longer interested
http://www.nzherald.co.nz/business/n...ectid=11164274

and now a problem how to unwind a position without stuffing the market up ... event ridden reason for buying gone so out the door they go

[percy]

Thanks for the heads up.
I am no longer an ABA shareholder.

[Blendy]

I'm not entirely sure I understand the reason for the current battering? (to be fair, I haven't followed this thread for a couple of months)

Am I correct in a very basic summarisation that someone wanted a full takeover, but ABA said no, got a valuation that seems pretty amazing, and now the takeover guy has pulled out? Is the drop in price due to an expected rise in price should the takeover go ahead, but now that it's off the table? Shouldn't the independent valuation still stand as a price guide?

[G on]

I think
archer sold out all their shares.

[zigzag]

I'm not entirely sure I understand the reason for the current battering? (to be fair, I haven't followed this thread for a couple of months)

Am I correct in a very basic summarisation that someone wanted a full takeover, but ABA said no, got a valuation that seems pretty amazing, and now the takeover guy has pulled out? Is the drop in price due to an expected rise in price should the takeover go ahead, but now that it's off the table? Shouldn't the independent valuation still stand as a price guide?

I believe that the independent report was for 100% control, with ability to take out certain costs. I think the price has dropped too far, but maybe some people were only there for takeover speculation, and now want out.

[zigzag]

I think
archer sold out all their shares.

So who has been buying them? No notices yet.

[percy]

So who has been buying them? No notices yet.

I don't see that they have either been brought or sold.It is just the unwinding of the "Exclusivity Deed" that was between Archer,Steamboat,Healthcare Ltd,etc.

[winner69]

I think
archer sold out all their shares.

None of those big shareholders have 'sold out'. Archer didn't actually own any to start with - only had commitments from Hutson and his associates.



Those notices today were just notification of the unwinding of all commitments and promises.