Forum Archive Index - August 2000

["Philip Robinson" <fire_appliance@hotmail.com>]

Steve

Sorry I cannot speak for the accuracy of the information as I got it from 
the ODT article which said they were issued for 5c each. On the subject of 
unlisted companies does anyone know anything about an investment company 
called Zedex listed on the 2ndary board?

Cheers
Phil

>From: "Steve Moxham" <steve@ezysurf.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: <sharechat@sharechat.co.nz>
>Subject: Re: Re: [sharechat] A2 Corporation & the unlisted securities 
>market
>Date: Thu, 3 Aug 2000 12:10:17 +1200
>
>Hi Phil,
>
>I've just been looking at the unlisted securities market at Direct's site 
>and I think they've gone from 50c to $3.50 not 5c to $3.50!
>
>One thing that struck me when perusing the unlisted mkt was the actual 
>number of shares listed. Not just that, but a reasonable number of them 
>have had some quite decent gains in the past few months. Alot of them are 
>very small companies with very low liquidity, certainly not ideal 
>candidates for trading. There are however some bigger and more regularly 
>traded companies such as Smiths City, Richmond, Wel Drive, etc. So what's 
>the attraction for companies on the unlisted market? Lower compliance 
>costs? How is the unlisted market regulated and who administrates it? 
>Comments welcome.

________________________________________________________________________
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
http://www.netbroker.co.nz/        Trade on Credit, Low Brokerage. Join now.
----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/forum.shtml.