the storey as told to me buy mitchell wells, ceo, is -
geoffrey towner a long time shareholder and previous executive with the company wants to cash out now - for what reason i do not know.
Deuche bank are buying in as as what they believe is a sound investment (probably with the idea of selling back to amu at a profit at some time in the future when amu want to complete their buyback)
amu bought bought $1m. back today.
is there something more afoot than this - i have no idea.
gk
AMU Price at posting:
21.5¢ Sentiment: ST Buy Disclosure: Held