re: australia aqua up 11c
Biggest,
I think AAQ was a StateOne Stockbroking offering. If this is the case, then my suggestion is to everyone is to be very careful. They have a reputation in the wider investment community of pumping stocks and then dumping them.
They are very active daytraders and will pump stocks to entice other traders. It will be interesting which firm has done the buying and selling today.
The float cannot have been that undervalued as you have pointed out. DD and valuations would have been carried out and surely the offer would not have been this underpriced!!
Other comments appreciated.
Good luck all.
Cheers Freakme
re: australia aqua up 11c Biggest,I think AAQ was a StateOne...
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