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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> ---------------------------------------------------------------------------- http://www.sharechat.co.nz/ New Zealand's home for market investors To remove yourself from this list, please us the form at http://www.sharechat.co.nz/forum.html.
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