Forum Archive Index - April 2000

[Derek Watt <dkw@paradise.net.nz>]

If we want real carnage how about the RJI exchange?
No name change will fix that one!

Derek W


At 06:59 PM 4/14/00 +1200, you wrote:
>Current price                  85 cents
>Issue price                   125 cents
>Loss on issue price            32%
>Required return to break even  47%
>
>Probability of positive return 0%
>Congratulations again DF Mainland
>
>Here's a new name for the NZSE, Oliver:
>
>The Tainui Exchange:
>
>Guaranteed to lose 1/3 of its value every year!
>
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-----------------------------------
Derek Watt
http://members.tripod.com/DKWatt/
-----------------------------------




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