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No. of Recommendations: 2
Those dam super managers I suppose are behind the push in ARP's case maybe it's justified when you look at the liquidity on a daily basis , but ARP's share price has in general performed very well so why rock the boat.

Maybe the institutions don't like the buy/sell spread sometimes. Personally I think that if this is the reason then management should tell them to go **** themselves. It is irresponsible of management to spend money on such a frivolous shallow exercise.

Maybe you gotta suspect some other motive, easier to float some shares at a price under $2.00 in OZ market , could have more expanstion in mind & that may again not be a bad thing, dunno but interesting motive given IMO.

Er, $2.83 actually at current prices. I agree about the interesting motive given. If it's to raise money then I still can't see the logic.
Gets back to the pizza cut into 6 or 8 pieces, doesn't it.

......some funds have been selling down but again not to drasticly.

Well, more fool them then. They dance to the beat of a different drum than I do.

Realistically though if the only thing I have cause to grumble about with a company is stock splits then I'll be pretty happy. I won't mind if in 10 years time I own 25 times as many shares with a stock price of $3.20.
After all, it's the earnings that really count.

regards
Barcoo

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