Forum Archive Index - February 2000

["hugh webber" <hugh.webber@clear.net.nz>]

isn't there a general rule in practice for dual listings where most of the
trading occurs in NZ
that the share will have NZ pricing ratios applied to it?
Hence Fernz/Nufarms move to Australia.
Only when ITC trades mostly or only in the States could you expect to see
U.S. ratios applied to it and thus a much higher price.
I nearly said P/E ratio but then most techs don't have any E so apparently
P/Revenue ratios are being applied which are way over the top.

P.S. Anyone see the Henley ad in the Sunday Star Times?
Interesting to then read the NBR article on Henley pointing out its a
complete
flake with $51,000 revenue and nothing unique to offer but merely charting
and 
tables of share data with lots of others offering the equivalent.

Happy days,
Hugh.


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