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Re: [sharechat] FRO "buying" at 55c


From: "Oliver Shapleski" <oliver.shapleski@vuw.ac.nz>
Date: Tue, 2 May 2000 23:46:01 +1200


Interesting thought - can "off-market" transactions continue, even though
trading is suspended?  Surely if the seller is willing to attach a signature
to the transfer form then the trade will be valid?
If not, can the transaction proceed on a post-dated transfer form?

> I cannot believe FRO holders have to wait that long before they can trade
> again. For those unwilling to hold out until July I will be willing to
> purchase your shares at 32c - 1c more than closing price before trading
> halt?????


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