Forum Archive Index - May 2000

[kevin.young@gfmb.co.nz]

Now Oliver you need to become a bit more proactive. You can ring PLL on 09 - 309
5221 and ask for John Morten.

When my friend told me about PLL and how good it was l brought some shares at
NZD$4 this included an option to purchase another share for $4. It was not till
after my first PLL AGM that l realised how good the company was. The next day
after the AGM l was on the phone to PLL and asking how can l buy some more
shares. They gave me a list of all the shareholders who want to sell. l brought
chunks of shares at NZD$2.75 and NZD$3.50. I virtually brought out all the major
sellers. My average price for PLL is around NZD$3.20. PLL shares were last
trading at around NZD$7 -$8.

That's what l mean about been proactive. I have also set up a US bank account
and open an account with a major US broker in anticipation of a successful IPO.
I have a personal broker that knows me and l will be able to contact on listing
date. I will be talking to tax specialists to assess and minimise any tax
exposure. l have been talking to banks to determine if l can take out forward
cover to take advantage of the low NZD/USD rate if l want to convert the funds
back into NZD.

Whether PLL is a success or not l will be ready.

Kevin


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