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Re: [sharechat] ITC compared to SMR

From:	David Iles <davidi@pop3.wave.co.nz>
Date:	Wed, 15 Dec 1999 14:00:47 +1300

So why are the founding shareholders selling out ?

At 11:28 15/12/99 +1300, you wrote:
>It appears to me that ITC share price is grossly understated compared to
>SMR, that has gone from 15c 17/12/99 to 50c 15/12/99 + 230%,and ITC has
>only gone from 31c to 50c +60% over the same time frame. If price parity
>was to be maintained ITC should be valued at $1.00+. Maybe a rights
>issue is in  order to bring ITC into line?.
>Both appear to have very good prospects and leadership.
>I note that ITC has been posted as a buy in the USA (refer sharechat Mon
>6/12/99 "ahf". Please share your thoughts,
>regards Les.
>
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