A-1 Group Inc (AWON)

[Matt1963]

This message in my view is the correct interpretation of what's going on here.

The court delay is through no fault of AWON protagonists whatsoever. The court have taken this decision, out-with any input from AWON representatives and it is entirely out of the latter's hands. If anything, it is a massive positive because if for any reason (come the next court date) it's the company that need to delay further from their side, the courts will have to look sympathetically upon their request due to their own actions in pushing back the case. So notwithstanding the fact that there has been no tardiness or lack of procedural matters from AWON's side, this is a win win, as it gives Dixon et al, more time to get the fundies of the deal right too.

According to the charts, the 3M shares dumped into the bid was a) profit taking at the start of the day on the part of flippers and b) panic selling in the power hour by the uninitiated.

I've already expressed my reservations about Dixon's modus operandi in doing these deals, but insofar as the prospects for getting the ticker current and a RM of a private entity dumped into the shell, nothing has happened to give rise to the opinion that this plan has wavered in any way whatsoever.

Onward.