ABA Abano health

[percy]

Was ABA part of your recent sell down ..... if so well done, you have done well

No.I sold ABA yesterday afternoon at $7.20 after reading your post.

[Xerof]

No.I sold ABA yesterday afternoon at $7.20 after reading your post.

A remarkably smart move there percy. If I understand this right, the announcement of withdrawing the offer was first reported in the paper about 3.30pm, but no formal statement made to NZX until ~5.20pm. I reckon you were the only one to see the opportunity to sell.

where is NZX discipline, FFS?

percy, you should shout winner a drink!!

[percy]

The first I heard about Archer withdrawing their bid was Winner69's post at 4.22pm yesterday.I read the article,and rang Craigs straight away.There was a buyer at $7.20 for more shares than I had.I told Craigs I wanted my shares sold before 5pm.I received the contract notes at 4.42pm.As you pointed out no formal statement was made until 5.20pm.
I certainly owe Winner69 a drink or two [or more] !!!!!!

[winner69]

I gather that Steamboat et al went public through the media and didn't bother tell Abana

Abano did say in their announcement they have been made aware through the media and said that the statement did contain inaccuracies. Obviously not the best of friends

[Xerof]

I've just heard through the media that NZX have decided to reverse all trades in ABA made after 3.30pm on Thursday, due to unfair advantage to sellers. A tipster named as Winner 69 is being sought by the authorities. An APB has been issued to look out for a guy carrying a graph book with noughts and crosses all over it

[percy]

I can't bring myself to give a serious reply as I am laughing too hard.!!!
Was the media Campbell live?

[winner69]

Another price / value issue - general argument is that the market is often wrong.

Yesterday ABA has a PRICE of 638 but in the eyes of Grant Samuel (which the company is very pleased with) ABA has a VALUE of 830 to 1005

Who's buying this "undervalued" ABA then?

[percy]

Another price / value issue - general argument is that the market is often wrong.

Yesterday ABA has a PRICE of 638 but in the eyes of Grant Samuel (which the company is very pleased with) ABA has a VALUE of 830 to 1005

Who's buying this "undervalued" ABA then?

Grant Samuel ???

[winner69]

Grant Samuel ???

Maybe a poster on Sharetrader under a non de plume?

But he oaid big big bucks for writing long reports

[macduffy]

Well, it's been a nice little hobby of "his" for the last 25 years!