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[sharechat] AIRVB warning - sobering thought


From: "simon dallimore" <smndallimore@hotmail.com>
Date: Sun, 09 Apr 2000 05:44:29 NZST


Richard,
Snoopy beat me into trying to explain why and how institutional buyers can 
benefit from buying up AIRVB shares now and on-selling to BRY. There's 
obviously a lot of dough to be made by such institutions especially when you 
consider the daily average of 1.5m shares being soaked up by such buyers 
over the past couple of weeks. After the rights issue, and if investors 
choose to spend more to buy more, sure enough the value of the stock will go 
up but then remember, who can the small investor sell his AIRVB shares to 
after BRY has obtained all the shares it wants to pass onto the potential 
buyer into AirNZ. To say that the market for such shares would have dried up 
by then would be a gross understatement. Not a very appealing thought for 
the small investor is it?

Regards,
Simon
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