Forum Archive Index - April 2000

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

Hi Derek,

All the shares purchased by ABN Amro were purchased under a special ticker
code SPEC2.  They purchased 73,330,424 AIRVB shares.  They only require 9.6m
so these orders will be scaled by the broker and the NZSE.  Brokers are
still waiting to be told how the scaling will affect their orders.

AMN Amro said they would give preference to holdings of 5000 or less so the
smaller holders are being taken care of.

Brokers didn't get alot of notice that this was happening so I can't help
you with getting more notice.

Kind regards,

Sarah Corkill
Direct Broking




-----Original Message-----
From: Derek Watt [mailto:watt250@hotmail.com]
Sent: Wednesday, 12 April 2000 00:31
To: sharechat@sharechat.co.nz
Subject: [sharechat] RE: AIRVB & Bob


Does anyone know what is going on with AIRVB?

How come there was supposed to be a stand in
the market at $3 to end at 10:30am when
according to the access brokerage site
the shares haven't traded that high today.
(last checked at 12.08 pm)

They seem to be giving preference to small
shareholders, but in that case why give practically
no warning and such a short stand?

Most small shareholders would have missed it
(including me).

Also why is Bob Jones complaining about this site?
It's not supposed to be a personality contest!
(Bye the way, thanks for the e-star analyses Bob)

Bye,
Derek.


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