Forum Archive Index - May 2000
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RE: [sharechat] Pacific Lithium Update
Oliver,
I also emailed Pacific Lithium some weeks ago indicating I wished to buy
some shares but with the same outcome as you --- no response.
Cheers
John
-----Original Message-----
From: Oliver Shapleski [mailto:oliver.shapleski@vuw.ac.nz]
Sent: Thursday, 18 May 2000 17:58
To: sharechat@sharechat.co.nz
Subject: Re: [sharechat] Pacific Lithium Update
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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