Member Info for Auson

Wowypauly, At the moment they want to buy all your shares for 20p. They have agreement from 28.14% ( the other 9.84 sounds like it is non binding and so means nothing ) they need another 48.84 % of the vote in order to make it happen. Or if 26 % or more vote no or want a higher offer then the 20p take over won't happen. Sounds like quite good odds to me.

No way to know 100% if they are buys or sells but there certainly were a whole lot of buys on Friday or the price would have dropped if there weren't any buyers and with 22 million sold that needs a lot of buyers . At a few points the MMs would take all my shares for more that I could buy more at.

Hi Jimzi, The very large buys yesterday could support your theory that there are more things in play, would you care to elaborate slightly on that.

DTM, Do you think the S one looks good today, some half decent automated buys I see this morning has something changed ???

Babbler2, I take the point of $55 dollar oil ( which aint too bad for a lot of producers ) I would say there is a heck of a lot of shorts on a number of oil companies, do you think its possible hes just helping his mates the hedgies exit positions ?

Does anyone know if the institutions use stop losses ?