Forum Archive Index - July 2000

["nick" <acummin@es.co.nz>]

     Is the reason to the rise due to arbitrage? here is what j.b. weres say in the

afternoon report at their website

     " stood out, up 3 cents to close at $0.40, apparently due to arbitraging

 between here and the Singapore market were the stock has traded around the

 equivalent to 39 cents."

             Also shouldnt their have been an annopuncement on NZSE about their

investment in a singaporian food company?

              The shareprice has gone up nearly 20% in the last two days. Very

nice suprise but whats going on?

 

         nick