nexus Nexus has submitted to the Panel that the acquisitions by...

nexus Nexus has submitted to the Panel that the acquisitions by Anzon Energy and the
announcement of the Bonus Options led to the creation of a false market in Anzon
shares during the Offer period and a false impression in the market as to the value or
perceived value of Anzon shares.
Nexus has sought orders, including withdrawal rights for Nexus shareholders who
accepted the Anzon offer during the period when Nexus submits the market for
Anzon shares was uninformed, and freezing of the voting rights over the relevant
Nexus shares.
Nexus advises further that it has notified the Australian Securities and Investments
Commission of its concerns.
The Panel has not decided whether to conduct proceedings in relation to the
application and makes no comment on the merits of the application.
The President of the Panel is assembling a sitting Panel to consider the application.

what whingers....if it was such an artificial price / false market....how come AZA continues to trade at $1.40+, where as NXS shareprice has fallen away.

seems like a waste of time and energy. Perhaps NXS should put more effort into creating shareholder value than persuing such things. I bet those NXS holders that did accept the offer are happy at the premium they now sit on.