Originally Posted by Incredible Hans
One question comes to mind, if Odin is in reality Loki in disguise, then why did Loki not prevent that the Aether is given away at the end? One royal order from "Odin" to keep the Aether should have been sufficient - and Loki certainly wanted to have that thing!
Good question. One possible answer can be that the scene isn't necessarily in the correct chronological place and Loki usurped the throne after Odin had sent it away.