Archive for March 10th, 2008

Mar 10 2008

ABC Learning Lessons

Published by SJ under General

I don’t want to seem stupid but I am not a smart man.

How is it that Eddy Groves former high flying corporate hero turned lame duck, on Friday the 7th of March 2008, was able to fly back into Australia and sell 12,165,301 ordinary shares for $2.1390488 per ordinary share?

Reviewing the total public share trading results for ABL (ABC’s stock ticker) for the entire trading period on Friday the data indicates that the share price never got past $1.75 per ordinary share. Who in their right mind would have paid 19% higher to purchase Mr Groves shares over those available on the stock market at a lower rate.

Possibly some back door deal done with a company/group interested in a position in ABC? If this is the case, are ordinary, off the street, shareholders allowed to do such deals?

Do any of you chief champs have any idea on the hard and fast rules here?

3 responses so far

Mar 10 2008

Monday’s meal ticket

Published by SJ under General

Instead of keeping all these profits to myself I thought it was time to share the love. I have decided to start the week with small profit and build to something bigger on the weekend. First off, we put a sneaky $10 on Arsenal to beat Wigan in the EPL with that all going onto Moto GP sensation Casey Stoner to win the first round of this years Moto GP Season. By the time you read this the results will more than likely be in on this and we should have $30 in the account to cover our next bet.

Dam those soccer fairies. A nill all draw, what a bunch of good for nothing sooks!!!!!  

My back up is a little more profit searching with a $10 all up bet on Road to Athens in the Adelaide Cup up into Royal Asscher in the Yallambee Classic for a return of $188.50. Now that is a way to kick off a week of great sporting events.

I feel a 16 leg all up million dollar challenge coming on.

5 responses so far