Thursday 17 June 2010

MISSING PROMISED ANNOUNCEMENTS ALLOW MATES TO DUMP HUGE BLOCKS OF ABQ SHARES - LIES CONTINUE

In the trading halt announcement of 11th June 2010, CEO Sean Corbin wrote:

"Further announcements on management changes and the completion of the strategic review of the group will be announced in the coming week."

They have not. No explanation about where the money is coming from to shutdown 15 Kenny's stores. No explanation why the loss-making company-owned Baskin Robbins shops (most taken back from failed franchisees) aren't being closed. No explanation about the quantity of unsellable plasma TV's being warehoused.

Instead the week has been used by the mates to sell-off huge blocks of shares, with massive daily volumes as those with real information move to get out.


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