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Re: [sharechat] FRO/BCH


From: "james.chamley" <james.chamley@xtra.co.nz>
Date: Mon, 01 May 2000 20:33:33 +1200


Just one thing to add into the BCH argument.  From memory BCH currently
does all the receivables management for NZ on Air - ie the Broadcasting
Fee (or secret tax number 352).

When this tax finishes mid this year this will be a loss of some revenue
for BCH??

Add to this the loss of some clients to RMG over time (as is inevitable
- particularly those with Watson-Group connections) isn't there some
justification for pressure on BCH share price??

Disclosure:  Hold FRO (and they will hopefully make up some of the money
lost on my other long shot - AQL)

regards


James

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