Surprised no MoneyAm BB yet ???

The unusual movement in Zar shares late today is likely due to the following press release, which should be read in conjunction with the EGM statement (above).



http://www.rigzone.com/news/article.asp?a_id=19089

- but are we talking about the same companies?

I don't think so, Horizon Offshore is listed on the NASDAQ (HOFF).

Cute of Zar to release the Morgan Stanley sale last night out of hours, when it has been sitting on the information for a week.. Trying to slip it by?

On 14 February 2005 Morgan Stanley Securities Limited informed the Company that
it had sold 14,500,000 Ordinary Shares in the Company, representing 4.9 per
cent. of the issued share capital of the Company.

well spotted..cheeers