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Re: [sharechat] RMG/ELD


From: Brian Gale <brigale@i4free.co.nz>
Date: Mon, 24 Jul 2000 18:41:15 +1200


Thanks Chris

It seems incredible that the ASX  could allow inaccurate information to be 
published. I'll send them an email and see what transpires.

Regards
Brian


At 16:56 24-07-00 +1200, you wrote:
>Brian,
>
>Have just this minute heard from Mohindar Randhawa of Cullen Investments.
>  ELD referred my query to him.
>
>As Warner alluded, the TOTAL interest(direct and indirect) of Cullen,
>Watson etc in RMG is 26.46%.  This includes the Cullen interest held
>through ELD of which Cullen is also a shareholder.  The ELD interest in
>RMG remains at 12.7m which is about 2.6% or say $4.7m worth.
>
>Yes the July 10 announcements are confusing and inaccurate at first
>glance.  They could have been written more succinctly.
>
>Anyway the outcome is a nothing.  Hope nobody punted ELD.
>
>Chris D
>
> >Not a good start to the week with the NZSE 40 down 21 points
> >
> >I thought to blame it on the heavyweights but it is pretty much across the
> >board.
> >
> >RMG.....the optimistic hopes have not been reflected in the price. :>(
> >
> >GDC seems to be the bright star where a major holder put 300k on the market
> >and the price went up 24 cents.
> >
> >ELD  any further news of that shareholding ?  Their price crept up 2 on low
> >volume
> >
> >BG
>
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