QUOIN is buying up Eftel Shares.

[misi]

http://www.asx.com.au/asxpdf/20100630/pdf/31r2yj5kbqqn8c.pdf

ANNOUNCEMENT FOR RELEASE TO THE MARKET
QUOIN (INT) LIMITED
ASX: QIL
Quarterly Progress Report
In the current quarter the Company made further progress towards acquiring a significant stake in
Eftel Ltd (ASX:EFT). Arrangements are in the process of being made to finalise the transfers of shares
in Eftel Limited (ASX:EFT).
The Company is continuing to negotiate in relation to other opportunities.
The Company is continuing towards re-quotation of its securities.
The Company will keep the market advised of future developments.

QUOIN-Eftel-aaNet ?

 

[okeedokee]

Is the ship sinking?

Date first listed: 04/05/1994
Company Secretary: Mr Sinton Spence, Mr Ian Sanderson Assistant Company Secretary
Industry: Software & Services
Activities: Provision of affordable accommodation in the three star hotel industry in Papua New Guinea and the Solomon Islands. The Company also provides a number of ancillary services in Port Moresby, including bars, food and gaming and in the Solomons a duty free store

http://www.delisted.com.au/Company/6887/QUOIN%20%28INT%29%20LIMITED

Status: SUSPENDED from ASX

 

[misi]

Why is the news repeatedly on the Eftel page on the ASX?

 

[TeeEm]

The Erenfields dwell in both places.

 

[misi]

The Erenfields dwell in both places.

You are a genius TeeEm!
Searching for major shareholders,directors, yes the name pops up in both componies.

 

[misi]

Still buying:

18 November 2010
Companies Announcements Office
Australian Securities Exchange​

[FONT=Calibri,Bold][FONT=Calibri,Bold]ANNOUNCEMENT FOR RELEASE TO THE MARKET​

[FONT=Calibri,Bold][FONT=Calibri,Bold]QUOIN (INT) LIMITED[/FONT][/FONT]
[FONT=Calibri,Bold][FONT=Calibri,Bold]ASX: QIL[/FONT][/FONT]​

[FONT=Calibri,Bold][FONT=Calibri,Bold]Eftel Limited – Substantial Shareholder Notice[/FONT][/FONT]​

The Company refers to previous announcements to the market in relation to the acquisition of
shares in Eftel Limited (ASX: EFT).
The Company announces that it has now become the registered holder of 43,272,878 shares in Eftel
Limited. A copy of the ‘Notice of Initial Substantial Holder’ that has been forwarded to that company
is attached.
Quoin (Int) Limited is now the largest shareholder in Eftel Limited.​

Ian Sanderson
Assistant Company Secretary​

[/FONT][/FONT]

 

[TeeEm]

Them Ernfellas certainly get around.

 

[Deb]

Them Ernfellas certainly get around.

bet they dont eat pork !

 

[misi]

Wow!!!

Who is/are the mysterious buyer(s)?

2,618,63448 shares changed hands for $65,273
High:$0.043, low $ 0.013
Last sale for $0.029.
The share price tripled! (290% up from yesterday's price) !

(Monday probably we will see a report on the ASX)

 

[TeeEm]

ASX Announcement.

 

[misi]

ASX Announcement.

Dunno.
Something is fishy.

 

[TeeEm]

That announcement sounds more like someone blowing their own trumpet.

We'll have to wait and see if the shareholders are playing the same tune.