Very Good and informative post mate. Interesting to note though, I believe that Deutsche may be accumulating AOE shares (If I didn't get it wrong that is), and that remains to be seen if they could see an upward move in the sp, or they are doing it on behalf of someone we know.
Yes, the market forces works in different and strange ways, and the only ones that knows what is going on, are the ones doing it.
But, we still have time in our favour. And that is, that the offer is still on the table for another two months or more.
With this in mind, we still have two things that are in our favour (No, not the Buckley's and None), and they are:
1) For the long termers, the sale will not eventuate untill the next financial year delaying the CGT liability event that will eventuate, and
2) There is still a chance (until there is life there is hope), that someone else will end up looking at us and realise what a good, cheap opportuntinity, we are. Am I dreaming..??? Maybe. But one never knows until all the eggs have hatched. Only then one can do the head count.
As for our Management, I am getting more and more disgusted with them and with their attitude. The silence that they are persisting with, IMHO is totally disgusting showing no respect at all for their Shareholders. I quite remember someone in these posts/threads quite sometime ago, how good they were and that they always had the Shareholder's interests at heart. YEAHHHHHHHHHHHH!! Whose Interests..??
In the meantime, if Deutsche has accumulated to become a substantial holder, some of the nervous nellies must have sold their shares into them, along with people that were forced into selling by the marging calls they would have received when the sp dropped.
Anyway, as the saying goes. Today is another day and we will wait and see what will unfold.
Good luck all.
Buddy
AOE Price at posting:
$4.92 Sentiment: LT Buy Disclosure: Held
