Forum Archive Index - March 2000

[cmr64 <CMR64@student.canterbury.ac.nz>]

Derek yesterday pointed out that an e-commerce company has recently
taken a 5.6% stake in Bliss.  This worries me a bit, as I cant think of
any reason that they would be interested in the company were Bliss going
to become aquarium operators.  

Is it possible that they have plans for the shell of their own to offer
Bliss, and have bought the stake to spoil the party when Bliss vote in a
couple of weeks?  Bliss holders would likely be more receptive to
suggestions in the e-commerce area than aquariums if so.  I hope Im
wrong, and I figure this would be difficult for them to do since AQL
currently owns 19.9% of Bliss, but I wanted to run this past you guys.

I also wonder how many of you noticed that DFMainland are listed as a
top five shareholder of AQL in the shareholder meeting document,
possibly the beneficiary of one or more the private placements we saw
recently?  I note the placements were made by an ex-DFM staff member.

DFM are very enthusiastic about NZ tech shares, and have been involved
in the recent ressurection of SPE, and restructuring of ITC to its
present form (last I saw they had been issued tonnes of ITC options (at
$0.145 I believe) as part payment for this), so hopefully this is an
indication of future direction :)

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