AIO 0.00% $9.13 asciano limited

market action

  1. 22,049 Posts.
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    In about 45 minutes AIO was forced to ask for a HALT in trading.
    The selling was firece.

    Adele Ferguson set the scenario for an attack on AIO.
    The motivation was that AIO was debt ridden and would not be in a position to pay its interest.

    Then there was the prospect of short selling on Nov 18

    Citi out of the blue changed their analysis and but a price of 82c down from $6

    Then there was the rumour that they would Capital raising.Sell now and buyback cheaper.
    Well there is no capital raising

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