Forum Archive Index - March 2000

[mpbeatson@mailroom.com]

After all the gloom and doom on Sharechat last night, here's a chance
perhaps to get back into the black.
Further to the news in today's NZ Herald about Brierley intention to
buy up Air NZ unrestricted "B" shares so as to deliver to Singapore
Airlines the required quota, here's an extract from this morning's
Sydney Morning Herald which will perhaps give a good indication as to
possible market movements today:

"It is believed Brierley's chairman Sir Selwyn Cushing and Singapore
Air's chief executive Dr Cheong Choong Kong had agreed to a price of
$NZ2.75-$NZ2.80 for the Air NZ shares."

AIRVB closed yesterday at $2.49.




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