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Re: [sharechat] `Colonial Ltd announcement

From:	"Richard Hooper" <hoop@ihug.co.nz>
Date:	Wed, 8 Mar 2000 21:25:54 +1300

Thanks Ben

That article in the AFR certainly clarified the reason for Colonial share suspension

----- Original Message -----

From: Benjamin Reader

To: sharechat@sharechat.co.nz

Sent: Wednesday, March 08, 2000 8:27 PM

Subject: Re: [sharechat] `Colonial Ltd announcement

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 -----

From: Richard Hooper

To: sharechat@sharechat.co.nz

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

References

[sharechat] `Colonial Ltd announcement Richard Hooper
Re: [sharechat] `Colonial Ltd announcement Benjamin Reader

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