Forum Archive Index - February 2000

["Hayden Pearce" <hpearce@xtra.co.nz>]

yes ITC is trading in US for .48c, but it is down from .58 two days ago

Hayden Pearce

: Sold out of ITC @ 95c, will buy again @ < .70c

----- Original Message -----
From: "Neil Kemp" <Neil.Kemp@vuw.ac.nz>
To: <sharechat@sharechat.co.nz>
Sent: Friday, February 18, 2000 7:52 PM
Subject: Re: Re: [sharechat] ITC Rumour


> 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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