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Re: [sharechat] `Colonial Ltd announcement


From: "Benjamin Reader" <breader@clear.net.nz>
Date: Wed, 8 Mar 2000 20:27:36 +1300


Its probably got something to do with the Commonwealth Bank's friendly takeover.  Read about it at http://www.afr.com.au/content/000308/banking/banking1.html
 
Ben
----- Original Message -----
Sent: Wednesday, March 08, 2000 8:14 PM
Subject: [sharechat] `Colonial Ltd announcement

Interesting announcement today regarding Australian insurer/finance company
Colonial Ltd asking the stock exchange to halt the trading of their shares until the
announcement due friday 10th 8.30am Melbourne time.Anyone have any ideas
what could be so important as to suspend trading .Their shares have been trading 
around the $7.60ish with buyers today at $8.35 ,so assume the news will be positive.
Can't wait  :)
Disclaimer :-  I hold shares in Colonial 

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