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RE: [sharechat] skcca

From:	Sarah Corkill <Sarah.Corkill@directbroking.co.nz>
Date:	Tue, 21 Dec 1999 15:25:55 +1300

Dear Chris,

Yes I can confirm the final payment is $3.55 it is due on or before 20/04/2000. I can't answer exactly for the discount but the most repeated reason I have heard over the last two weeks is the fact that many investors were worried that the new govt were going to impose higher taxes on the casino. Higher tax/lower profit.

Kind regards,

Sarah Corkill
Direct Broking

-----Original Message-----
From: Chris [mailto:crodgers@globe.net.nz]
Sent: Tuesday, 21 December 1999 15:10
To: sharechat@sharechat.co.nz
Subject: [sharechat] skcca

Hi there.

Can someone please confirm for me that the final payment for SKCCA is $3.55 per share? If so, can you think why it would be trading at a 5% discount to its head share over the last few weeks (at least)?

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