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Re: [sharechat] Capital Properties - Paul


From: "Oliver Shapleski" <oliver.shapleski@vuw.ac.nz>
Date: Fri, 26 May 2000 12:28:06 +1200


Krypt - Or

CNZ were floated as "instalment receipts", which meant half of the issue
price was paid upon allocation of the shares, and the second half is due at
a date in the future.  For CNZ the date is 30/06/00.  That means that CNZ
will "calling" for a payment in the next few weeks, and anyone holding the
instalment receipts a few days before 30/06 will have to fork up and get
shares to replace the IRs, or lose their IRs.


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