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An idiot's guide to EPT Disclosures

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Creator Effortless Cool Created 12 Oct 2006 Posts 1 Last Post 17 years ago
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PapalPower has been causing great confusion on his EKA spread through his lack of understanding and, hence, complete misinterpretation, of EPT Disclosures.

http://www.advfn.com/cmn/fbb/thread.php3?id=11218998&from=1684

EPT disclosures are issued by brokers involved in takeover situations in respect fo trades they action on behalf of third parties. These trades take place on the other side of the Chinese wall from the broker's corporate finance role in the takeover.

The EPT disclosures for EKA are in respect of trades carried out by Evolution Securities. There is no connection, repeat NO CONNECTION, (I'm shouting at you, PapalPower), between these trades and CER.

For any that still doubt, take a look at the EPT disclosures on CER - although no doubt PapalPower would have it that CER are buying and selling their own shares too!

Perhaps someone who hasn't been banned from the main thread could draw PapalPower's attention to this one, to help him understand the error of his ways.

EC