Forum Archive Index - April 2000
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[sharechat] AIRVB warning - sobering thought
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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