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Re: [sharechat] How to kickstart our market

From:	"David Reid" <aspex@ix.net.nz>
Date:	Tue, 18 Jul 2000 17:28:16 +1200

The market is just too small, thin and at the whim of overseas ownership.

There are only about half of the number of companies there once were.

There are few inspiring operators among what remain.

It will get even worse (if that is possible) because any NZ investor can get more detailed information on overseas companies than they can about our own.

By owning shares in an overseas company, you are more likely to be protected from the predators that have stalked the market here.

David Reid

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