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[sharechat] FRO/RMG and PRG/ELD

From:	"Warner Lamb" <cloud9@i4free.co.nz>
Date:	Mon, 22 May 2000 21:51:47 +1200

As Oliver pointed out a couple of days ago,if you were a seller of FRO since
December you would rightly be ?/..'off with the admission that FRO bosses
knew of RMG deal back then.Reporting from FRO was very quiet in the last
three months of 99.It's interesting to note the price surge in FRO from
about 12/12/99 from 13c to 40c by end of Dec.Something I found today was the
reporting of PRG on 2/12/99 re-sale of their Hire Purchase book..I wonder if
that is somehow in the deal considering the Receivables Management
connection.Also I'd like to know anyone's thoughts on the benefits to ELD
with their "substantial holding" in FRO,and how large the holding is? I'm
not sure but surely there must be some spinoff for ELD when FRO starts
trading again as RMG.
Cheers Warner


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