Forum Archive Index - July 2000

["Ben Dutton" <bendutton@sharechat.co.nz>]

EPH announcement to the NZSE:

 

EPH
12/07/2000
MSP
 
REL: 0901 HRS E-Phone Limited
 
MSP: EPH: RESPONSE TO MSP SHARE PRICE ENQUIRY
 
In response to a share price enquiry from the NZSE Market surveillance Panel
regarding an 8cps price increase and high levels of trading volume, E-Phone
have responded with the following:
The company knows of no reason for the increase and advises that there has
been no statement made by any director to any person which ought to have been
made public nor is there any transaction concluded that would in the opinion
of the company result in the increase in the price of the company's shares.
The company is however proceeding with its national advertising and marketing
program and conducting negotiations with other corporations in the ordinary
course of its business. Whilst the outcome of these negotiations may result
in a positive perception by investors of the Company this is a matter for the
market to make its own judgement. The Company is in the process of concluding
a commercial arrangement, which prior to any public statement requires the
consent of the other participants. It is anticipated that an announcement in
relation to this arrangement will be made to the public jointly within the
next few days.
END.
End CA:00057683 For:EPH    Type:MSP        Time:2000-07-12:09:05:21 Encrypt:Y

----- Original Message -----

From: Rhys Lewis

To: 'sharechat@sharechat.co.nz'

Sent: Tuesday, July 11, 2000 3:39 PM

Subject: RE: Re: [sharechat] EPH - what gives?

What like "All hands to the pump - lets get this baby back up into the 30s everyone!"

-----Original Message-----
From: Steve Moxham [mailto:steve@ezysurf.co.nz]
Sent: Tuesday, July 11, 2000 3:20 PM
To: sharechat@sharechat.co.nz
Subject: Re: Re: [sharechat] EPH - what gives?

...or it could be something completely mundane like a staff share purchase scheme.