Forum Archive Index - March 2000

[James Webb <James.Webb@xtra.co.nz>]

Has anyone else noticed that DFMtrade have sold out of AQL in their
BlueHorseshoe portfolio.  I find it extremely odd that a large shareholder in
its flagship portfolio sells out of its own company.

Did their Horseshoe 95,000 shares (just sold) make them one of the top 5 or do
they own other shares?

Visit BlueHorseshoe in the DFMaintrade website.

What do other people think?

Cheers, James

cmr64 wrote:

> 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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