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[sharechat] AQL loss is booked but?

From:	"Les Mortimer" <les@openmind.co.nz>
Date:	Wed, 15 Mar 2000 21:27:48 +1300

AQL has booked a big loss (already reflected in share price) but should be able to recover a large portion of it next month when Bliss is listed.

The new AQL what ever it is to be called will have tax credits for next year,

which means better cash flow for new identity. Also current low share price will save major shareholders some tax if they fit into that category.Creative accounting at work,well done.

Regards Les.

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