Forum Archive Index - June 2000

["Richard Hooper" <hoop@ihug.co.nz>]

 

    Interesting to note that 2% of Dorchester Pacific shares swapped hands today @ 5% discount

to market price. 357,829 shares relates to amount 2% of the total 16,333,200 shares issued.

 

     Only 7 shareholders hold shares larger than that traded, majority being related to Directors of the company

 

     Shares have been infrequently traded of late, being unusually inactive considering they have

recently had a 1/2 year profit announcement of 38% increase.

 

     Also a strange move in that they announced a 3cps fully imputed Dividend but they have yet to announce at what date they are going to pay it out to shareholders.

 

 

Can anyone shed any light on who was the buyer/seller, and what could possibly be happening behind the scenes (if anything).  

 

Hoop