Thanks finch2, thats only a few days away so we should see the sp pick up after the deal is done. I cant figure out who would be selling their ABS shares this cheap. Maybe they are T3 holders selling at a loss or MLs being stopped out with margin calls? One thing for sure, someone ramps ABS down first thing in the morning and then keeps it down throughout the day. IMO they are just shaking out any loose shares and then eating them up. Its been reported that Eddy just repaid Citigroup an $8.6 million debt left over from his margin calls. I hope he still has enough capital left to buy back into ABS while the sp is so low.
ABS
a.b.c. learning centres limited
