Forum Archive Index - February 2000

[Chris <autotron@ihug.co.nz>]

>>We had some discussions about CGB on the ShareChat message boards last
week. My view is that some people who bought CGB at IPO are now willing to
lock in the profits while there is generally lack of buyers chasing the
stock on NZSE. The large percentage change of the share price in CGB is
somewhat distorted by the low volumes of shares traded. There is an
announcement made to NZSE just after the market was closed today about CGB's
strategic alliance with Emitch Ltd which sees CGB acquiring an initial
tranche of 50,000 shares in Emitch. So far this month CGB has made three
announcments relating to its future growth potential.


Osbert,

So did Chrome cost 30c in the IPO, and close at 45c the day of float?

Rgds
Chris 


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