rene in geneva Posted March 23, 2009 Share Posted March 23, 2009 This is sounding more and more like a John Grisham plot. Link to comment Share on other sites More sharing options...
Bryce Posted March 23, 2009 Share Posted March 23, 2009 ACCORDING TO THE CHANGE OF SUBSTANTIAL SHAREHOLDERS NOTICE DATED THE 3RD MARCH. JESSUP SOLD HIS SHARES ON THE 25TH FEBRUARY..... THE AGM WAS ON THE 26TH FEBRUARY. THIS IS FROM ARANA'S WEBSITE, THIS IS THE LINK..... http://www.arana.com/corporate_governance.htm Dealing in Company Shares All employees in the Company receive training regarding the requirements of the Corporations Act 2001 with regard to trading in the shares of the Company. In addition to the requirements of the Corporations Act 2001, the Company has a policy that only allows directors and employees, and their related parties, to buy or sell shares during the six week periods following the release of the full year and half year results, the AGM; and at other periods approved by the Board. Any person wishing to buy or sell shares must in advance of the transaction, obtain permission from the Board or its delegate. The CompanyÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s policy prohibits persons covered by this policy to enter into derivative instruments in relation to contingent shares. Where a person covered by this policy enters into a derivative instrument in relation to shares held or contingent shares which have vested, the person must inform the Company Secretary who will then inform the market. Any transaction conducted by directors in shares of the Company is notified to the Australian Stock Exchange (ASX). Each director has entered into an agreement with the Company to provide information to enable the Company to notify the ASX of any share transactions within five business days. Link to comment Share on other sites More sharing options...
Bryce Posted March 23, 2009 Share Posted March 23, 2009 Any person wishing to buy or sell shares must in advance of the transaction, obtain permission from the Board or its delegate. Therefore Jessup must have obtained permission to sell the shares from the board prior to the agm, BUT Beaumont said he only learnt about the Takeover at 5.30pm on the 25th February. SO WHAT IS IT...... Did Jessup sell his shares illegally or did Beaumont know about the takeover prior to 5.30 pm on the 25th Feb ........ Just a QUESTION Link to comment Share on other sites More sharing options...
Bryce Posted March 23, 2009 Share Posted March 23, 2009 Incase anyone needed oneComplaint_Form.pdf Link to comment Share on other sites More sharing options...
jaytee Posted March 23, 2009 Share Posted March 23, 2009 market depth not looking good. 3 buyers 4 sellers. guess it must be comsec again. last friday it was down until 1 minute to 4pm. just lovely. Link to comment Share on other sites More sharing options...
theadder Posted March 23, 2009 Share Posted March 23, 2009 looks like it is time to move on jaytee Link to comment Share on other sites More sharing options...
fastenyourseatbelt Posted March 23, 2009 Share Posted March 23, 2009 Went X div today so your 5 cent cheque will be in the mail soon! Link to comment Share on other sites More sharing options...
jaytee Posted March 24, 2009 Share Posted March 24, 2009 just got home again. figured the xd part of that guys but wow adder what are those numbers? you got a direct link to asx or something. gotta go out again...bugger Link to comment Share on other sites More sharing options...
theadder Posted March 24, 2009 Share Posted March 24, 2009 18 lines of buyers and 18 lines of sellers $1.38 as I write down 5 (The dividend) 118,066 shares traded 1,392,770 shares in the buy side 497,984 shares in the sell side so the saga continues Link to comment Share on other sites More sharing options...
fastenyourseatbelt Posted March 24, 2009 Share Posted March 24, 2009 Best outcome we could hope for is Cephalon drop their bid share price holds its ground and other strategic investors jump on board. That is probably the only way we will ever see a decent return on our investment! Let them fight over it after the arthritis results remember they have shown it works and it gets into the joints better like that toothpaste add they used to run. Good chance ART 621 will be the leading arthritis drug world wide in 5 years now that will give the share price a nice boost! Link to comment Share on other sites More sharing options...
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