ikeeplosing
Congrats. on pointing out the illogical rationalisation by several posters. For MS [or for that matter Temasek B4 them] not to have undertaken a thorough due diligence of ABS before coughing up $1.15ps [when ABS was trading at $1.54 BTW] would have been incredibly irresponsible.
Natural justice says Eddie is innocent until proven otherwise & not one shred of information has been tabled to demonstrate the wild allegations being implied.
I have now resolved to retain ABS on principle because I do not want to be associated with cowardly tally poppy assassination through rumor & innuendo.
Market sentiment is certainly against ABS amidst the whirlppol of fear leading to SH panic - some are no doubt exiting to await a lower re-entry price, some will simply quit the stock & others like me will just keep buying & awaiting the SP to reflect reality.
To those shorting the stock - enjoy it while it lasts folks!
4YIO - NFA
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