Forum Archive Index - April 2000

[Mike Nelson <bb2345@ihug.co.nz>]

Hugh,

ITC in the States is ICALF and it closed at .19c which converts to NZ .38
and ITC closed at .40 here on Friday. However there was always a gap
between the US price and the NZ price and if that relativity is maintained
then ITC should get down to .28 to .30 NZ I expect.

MN


At 09:36 AM 16/04/00 +1200, you wrote:
>        Looking at the fletcher stocks, friday in US
>feg opened  24 7/16  closed  24 1/16
> flb opened 10 9/16  closed at 10 3/8
>
>   Admittedly volumes were very low, im no good
>at fractions but it looks a very small % loss for both.
>       Whats the symbol for itc in states? sure they must of fared much
> worse
>
>
>> Telecom closed on Friday in NZ at $9.10. I looked up NZT on 
>> Yahoo Finance, the ADR's and went through the divide by 8
>> and convert at .4978 US cents for NZ$1 routine and it came out at 
>> $8.804. Maybe sanity will prevail yet.
>> 
>> cheers,
>> hugh
>> ----------
>> 
>
>
>
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