Bello,
I am confident that the seller is a forced seller in the way of a margin call, which was set off when the merger was called off, and the subsequent drop in the sp.
Beside all of this, we have to imagine that the startling drop in the sp, following the merger cancellation, would have caused a lot of stop losses to have been triggered, causing therefore a domino effect.
I am also wandering whether or not Opes Prime and ANZ were involved with the shares in AZA, which of course when the merger was called off, they wouldn't have given it any consideration to dump it all in the market.
My thoughts anyway.
buddy
AZA
anzon australia limited
