Forum Archive Index - May 2000

["Oliver Shapleski" <oliver.shapleski@vuw.ac.nz>]

Thanks Kevin!
I emailed them weeks ago from their website and they never replied.  When
companies don't reply I generally don't rate them.  I contact quite a few
other companies regularly and they are usually very quick at responding, and
usually the emails are "signed" by the MD.
HOWEVER, interesting that the company gave you a list of shareholders
wanting to sell.  I presume they were people who had consented to being
approached by buyers?  I hadn't even considered companies did that.  Does
that mean there is no minimum holding?
Now that you've opened my eyes a little I will be mor proactive for sure!
I suppose if I know a few people in the US I could get them to buy on my
behalf?
I looked at setting up an account in the US, but it seemed to require a min
US$5000.  How much did you set one up with?
Regards,
Oliver


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