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Re: Re: [sharechat] ITC Rumour


From: Neil Kemp <Neil.Kemp@vuw.ac.nz>
Date: Fri, 18 Feb 2000 19:52:02 +1300


I agree totally with Ben,

ITC have already spent a considerable amount of their available money,
so they are going to need re-financing to expand further. After all,
venture capitalists need money to make money, that's what it all about!

I think this will just be a matter of time before this happens.
Perhaps we'll find out in the up coming week whether there is substance
to this rumour, either way ITC is definately providing a good ride!

I notice that ITC is trading higher in the US @ 50c ( $1 NZ ) under the
call name ICALF. Seems as though there is continuing interest in the
U.S, and as we've seen before even a small amount of interest from their
side goes a long way and provides a nice bonus for us. <grin>




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