Forum Archive Index - July 2000
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Re: [sharechat] RMG gossip
Simon,
While not wanting to fuel the "gossip" too much, I had a call this afternoon
from a friend who told me that DFM have today revised their forecast 12mth
price for RMG to A$0.46 (around NZ$0.59), up from their last report before
trading recommenced.
Let's hope they tell the buyer who wants to get in at NZ$0.32 to get stuffed
and buy in the market!
Frodders
Hold RMG - bought when FRO.
>From: "simon dallimore" <smndallimore@hotmail.com>
>Reply-To: sharechat@sharechat.co.nz
>To: sharechat@sharechat.co.nz
>Subject: [sharechat] RMG gossip
>Date: Tue, 04 Jul 2000 13:15:58 NZST
>
>Some interesting gossip. I hear there is a buyer (who has yet to play his
>hand) wanting an undisclosed number of RMG shares at 32c. I also understand
>that a certain broker from a certain brokerage firm (we can't mention names
>in case of libel suits)is advising clients the RMG share price may slip to
>32c (no reasons given). Wonder whether there are any connections i.e. those
>offering the advice being charged with the task of buying at 32c. However,
>the market have obviously wised up to this because RMG sellers have been
>firm at 34c for a while now.
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