re: Ann: AEL's Increased 42 cent offer fo...
"Since the announcement of the AWE Offer, approximately 21% of the companys Shares have changed hands. We believe that a large proportion of these Shares have been acquired by hedge funds who, by their nature, are generally not expected to be long term shareholders of the company. These recent purchases have been at prices around 41 cents."
There you have it, Goldman and others buying on AWE's behalf. This whole affair was so predictable. I just wonder now, which directors will be working for AWE, as part of the backroom dealing?
ADI Price at posting:
42.0¢ Sentiment: Hold Disclosure: Held