Forum Archive Index - July 2000

Please note usage of the Forum is subject to the Terms & Conditions.

Messages by Date [	Next by Date	Previous by Date ]
Messages by Thread [	Next by Thread	Previous by Thread ]
Post to the Forum [	New message	Reply to this message ]

Printable version

[sharechat] More downside for ADV can be expected

From:	"simon dallimore" <smndallimore@hotmail.com>
Date:	Thu, 20 Jul 2000 20:34:04 NZST

Since the beginning of July, staff of ADV have been exercising thier staff 
options and obviously selling their shares which has seen the price slide 
down even further to $2.65 today.
Late after the markets closed today, ADV announced a further realisation of 
options by staff today - which in total converts to 204,500 shares.
I shudder to think what would happen to the share price if all of those 
shares were sold (dumped) on the market in the week to come? I no longer 
hold any ADV shares but if I did, I would probably sell before those 204,500 
shares make their way to the market.

Simon Dallimore
________________________________________________________________________
Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com


----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/forum.shtml.

Messages by Date [	Next by Date:	[sharechat] ITC Rumour Tony Haddon
	Previous by Date:	Re: [sharechat] ITC rumour - BEWARE! Chong Family ]
Messages by Thread [	Next by Thread:	[sharechat] ITC rumour - Beware timothy carling
	Previous by Thread:	[sharechat] ITC Rumour Tony Haddon ]
Post to the Forum [	New message	Reply to this message ]