Forum Archive Index - March 2000

[Sarah Corkill <Sarah.Corkill@directbroking.co.nz>]

Ben - it's true

BRY was originally asking 2.75 per B share but changed their mind to 3.00 so
it the deal wont go through.

This is what we've heard in our office : )

-----Original Message-----
From: Ben Dutton [mailto:bendutton@sharechat.co.nz]
Sent: Thursday, 16 March 2000 08:54
To: sharechat@sharechat.co.nz
Subject: Re: [sharechat] Licking your wounds? Buy AIRVB today.


David - how do you know this information??

Benjamin Dutton

----- Original Message -----
From: David Pearce <Pearced@xtra.co.nz>
To: <sharechat@sharechat.co.nz>
Sent: Thursday, March 16, 2000 8:30 AM
Subject: Re: [sharechat] Licking your wounds? Buy AIRVB today.


> DO NOT BUY AIR NZ THE DEAL HAS FAILED!!!!!!!!!!
>
> mpbeatson@mailroom.com wrote:
> >
> > 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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