Forum Archive Index - April 2000

[Nick Kearney <nk@xtra.co.nz>]

graham corrigan wrote:
> 
> Just been talking to my sister in Perth and she told
> me that the proposed merger of the 10 Australian and 6
> New Zealand companies to form Receivables Management
> Group Limited (RMG) into the Frontier shell has been
> receiving much publicity over there.
> Apparently one of Perth's leading debt collectors,
> Pioneer Credit Management Services, which has 80% of
> Western Australia's outsourced local government work
> and 15% of the commercial market, will be part of the
> proposed merger.
> The local media have also been talking about how RMG
> could be more than a match for Data Advantage and
> Baycorp in the future.
> Judging from what I have read in the NZ press so far,
> it all seems to be really good news for Frontier
> shareholders who, judging from the minimal
> contributions on FRO in recent days, must be far and
> few between in the Sharechat readers ranks.
> Never mind, if the price does not not take off too
> much when trading resumes, we might all be able to get
> a piece of the action.
> 
> Graham Corrigan

Graham

Thanks for this.  I got into FRO about 5 weeks ago and can't wait for
surge in price.  It might take a few months or even longer but it will
be good to see.  I only have a small stake but good enough.

Baycorp is a major player and well run business.  If FRO/RMG can match
it then yeehar I say!!!

Cheers

NK
> 
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