Forum Archive Index - March 2000

[richard hermans <r.m.hermans@xtra.co.nz>]

Thankls Derek,Ive been keen to buy Genisis for months so that sadly
saves me the trpouble in the short term Regards Margie

Derek Watt wrote:
> 
> About a month ago I bought 500 Genesis for $4.55.
> It takes a long time to process transactions on the
> secondary board, and yesterday I got a call from Access Brokerage
> saying that the minimum shareholding was 5000. They couldn't
> register the 500 in my name and either I had to buy another
> 4500 or sell the 500 immediately since they couldn't
> hold them. So I sold them (for $5.95).
> 
> I was lucky really as by rights I shouldn't have 'bought' them
> in the first place, but ideally I would have liked to have held
> on to them for the long term.
> 
> It seems that if you want to buy any Genesis (until they
> list on the main board) you'll have to spend about $30 000.
> 
> Derek
> 
> -----------------------------------
> Derek Watt
> http://members.tripod.com/DKWatt/
> -----------------------------------
> 
> ----------------------------------------------------------------------------
> http://www.sharechat.co.nz/          New Zealand's home for market investors
> To remove yourself from this list, please us the form at
> http://www.sharechat.co.nz/forum.html.

----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
To remove yourself from this list, please us the form at
http://www.sharechat.co.nz/forum.html.