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RE: [sharechat] BDO

From:	"Gordon King" <gordon.k@xtra.co.nz>
Date:	Thu, 27 Apr 2000 22:06:29 +1200

Accept comment regarding the issue being stagged. My point was really responding to a previous inference that punters weren't taking into account the prospectus in marking down the stock, which was a fairly naive position to take.

Regards

Gordon

-----Original Message-----
From: owner-sharechat@sharechat.co.nz [mailto:owner-sharechat@sharechat.co.nz]On Behalf Of G P Thompson
Sent: Thursday, 27 April 2000 20:18
To: Sharechat
Subject: [sharechat] BDO

Gordon

The collective vote of the market hasn't got a clue on how well BDO (the company) is doing vs. its prospectus, because BDO has only been in operation for a few weeks. And no one will really know how well BDO (the company) is doing until they post some results. BDO (the share) has dropped through the floor because there are more sellers than buyers - sellers who no doubt stagged the issue expecting huge demand for the shares. They were wrong. Its as simple as that.

GPT

References

[sharechat] BDO G P Thompson

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