RE: RE: RE: RE: RE: AUN trades from 15:57:39 - 16: "However,the CEO/Pres of this company is a corporate banker and it simply escapes me how an attentive Pres/CEO that is a corporate,career banker could not address this in one sentence"
LOL. If he put out a release like that, he'd look like a fool. Nobody would do that - I'll bet you can't provide a single of any company putting out that type of release.
"then change our listing out of the TSX ASAP."
Utterly ridiculous. MOC procedures on the TSX are in line with other exchanges. And the procedures are really governed not so much by the TSX, but the TSX complying with IIROC rules concerning MOC, as approved by the securities commissions. Instead of ranting, you could better use your time by going to iiroc.ca and reading the UMIR rules, which are not hard to understand and include a lot of explanatory commentary.
It's particularly hard to understand your whining about retail investors being mistreated when not a single retail investor who owns AUN lost a penny on today's MOC. Highly doubtful that Credit Suisse had anything to do with the trade either other than executing a client order. Probably something like a leveraged hedge fund needing some quick cash to meet end of year redemption requests. The big loser is whoever sold, such as a hedge fund and all investors.
Not only that, I've seen two others posting on this board that the trade enabled them to get some cheap shares. I'm a third - I managed to get back all the shares when I reduced my holding at much higher prices this summer. I put a bid on the board at $0.85 because I was looking for there to be end of year volatility so I'm thrilled to have picked up my shares at $0.80. When I placed my order, I was thinking I'd love to get the shares at $0.80, but I thought no real chance of that and I decided to try for $0.85. Looking at the list of trades someone else posted, it appears that quite a few retail investors managed to pick up shares at a real bargain today.