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Printable version |
From: | richard hermans <r.m.hermans@xtra.co.nz> |
Date: | Wed, 23 Aug 2000 10:26:08 +1200 |
Derek; What do the SPEOB have owing on them & when ???is that the lot that have 8c due in 2 yrs??? Used to own SPE out of touch now;Thanks Margie Interesting comments re TEL/TMN I also thought TMN would run,& I bgt TEL thinking itd be safe !!!!!!What a fool lost all my profits now;Margie .> > Hi Tony, > The volume of shares is high but the value is quite low. > As Warner indicated, and it seems to make sense to explain the > lack of interest in IT companies right now, is that investors are > being cautious at the moment. Maybe too many have had their > fingers burnt with the downgrading of many IT shares. > Maybe too many have bought into TEL thinking it was safe? > Maybe people are expecting the annual jitters around Autumn > in the States to be worse this year? > > This seems to extend to Australia as well, where I would have > expected Telemedia to go alot higher on the Cisco news. > > Am I right in thinking that if someone bought SPE shares before > the rights issue at 13c then the average cost of the shares after > was about 5c? If this is so then the lack of people willing to > trade below 5c is understandable. > > With no impetus to go up and none to go down I guess this explains > the tight trading range. My guess is that there will have to be > more news before SPE moves much either way. But once it does start > to move you may not have the chance to top up (maybe a good thing > if it goes down!). > > And for the brave, there's always SPEOB. If they hit 1c I'm in! > > Derek > > (own SPE) > > At 11:09 PM 22/08/00 NZST, you wrote: > >And he now holds 5.76% of the company - that's about 20m shares - kind of > >sends the right message to the market heh? > > > >Although the volumes seem high in SPE the share price seem "stuck". Anyone > >any ideas why - is it worth picking up a few more before it really takes > >off? > > > >Tony > > > >Bought SPE rights and exercised. Maybe not enough though? > > > > > > > >>From: "Geoff Ewert" <gewert@wai.quik.co.nz> > >>Reply-To: sharechat@sharechat.co.nz > >>To: <sharechat@sharechat.co.nz> > >>Subject: Re: [sharechat] SPE, why so quiet? > >>Date: Tue, 22 Aug 2000 13:41:03 +1200 > >> > >>He is on the SPE board,interesting that he,s a tax fraud expert. > >>----- Original Message ----- > >>From: "Dawber, John" <J.F.Dawber@massey.ac.nz> > >>To: <sharechat@sharechat.co.nz> > >>Sent: Tuesday, August 22, 2000 1:27 PM > >>Subject: RE: [sharechat] SPE, why so quiet? > >> > >> > >> > John M Carr is one of the Directors of www.moneyonline.co.nz. Its an > >> > investment company, don't know about Velocity Partners though. > >> > > >> > Regards > >> > > >> > John > >> > > >> > -----Original Message----- > >> > From: Robert Cox [mailto:robert_cox@icanz.co.nz] > >> > Sent: Tuesday, 22 August 2000 9:40 a.m. > >> > To: 'sharechat@sharechat.co.nz' > >> > Subject: RE: [sharechat] SPE, why so quiet? > >> > > >> > > >> > Does anyone know anything about Velocity Partners Ltd who filed this SSH > >> > notice for Spectrum yesterday (eg are they investment company, IT > >>company, > >> > or associated with directors or execs of Spectrum or Wel Tech)? > >> > Regards > >> > Robert > >> > > >> > SPE > >> > 21/08/2000 > >> > SSH > >> > > >> > REL: 0843 HRS Spectrum Resources Limited > >> > > >> > SSH: SPE: SSH NOTICE RECEIVED > >> > > >> > NOTICE 6140 DETAILS > >> > > >> > Submitted Date : 21-AUG-2000 08:42 > >> > Status : Accepted > >> > > >> > Add Holder : Y Change Holder : N > >> > Ceased Holder : N Change Nature : N > >> > > >> > Issuer Code : SPE Spectrum Resources Limited > >> > Sub. Sec. Holder : Velocity Partners Limited > >> > > >> > Email : Not supplied > >> > Address : P O Box 28684 > >> > : Remuera > >> > City : Auckland > >> > Country : New Zealand > >> > > >> > Contact Name : John M Carr > >> > Phone : 00 > >> > > >> > Total of Interest : 17655774 > >> > Total Issued : 306538692 > >> > Total % : 5.76 > >> > Class : SPE > >> > Num Attached : 1 > >> > > >> > Beneficial > >> > Total of Interest : > >> > Current % held : > >> > Last % held : > >> > Names : > >> > Transaction Dates : > >> > Total Votes : > >> > Considerations : > >> > > >> > Non Beneficial > >> > Total of Interest : > >> > Current % held : > >> > Last % held : > >> > Names : > >> > Provisions : > >> > Transaction dates : > >> > Total Votes : > >> > Considerations : > >> > > >> > Description : > >> > > >> > Acquired as a result of subscription to rights. > >> > Documentation > >> > With Notice : No > >> > Not Filed : Yes > >> > Been Filed : No > >> > Number of pages : 0 > >> > > >> > Date of Last Notice : > >> > Rel. Sec. Holders : > >> > > >> > Submitted By : Rosalyn Stevens on 21-AUG-2000 at 08:42 > >> > End CA:00058790 For:SPE Type:SSH Time:2000-08-21:08:43:32 > >> > Encrypt:Y > >> > > >> > > >> > > -----Original Message----- > >> > > From: Warner Lamb [SMTP:cloud9@i4free.co.nz] > >> > > Sent: Monday, August 21, 2000 11:45 PM > >> > > To: sharechat@sharechat.co.nz > >> > > Subject: Re: [sharechat] SPE, why so quiet? > >> > > > >> > > My brokers believe this is the best "small priced" stock to have a > >>punt > >> > > on. > >> > > Imagine where the stock would have gone if Lucent had announced > >>something > >> > > like that back in Feb. > >> > > Warner > >> > > (no SPE) > >> > > > >> > > > >> > > >> > > >>-------------------------------------------------------------------------- > >> > > -- > >> > > 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. > >> > > >> > > >>-------------------------------------------------------------------------- > >>-- > >> > http://www.sharechat.co.nz/ New Zealand's home for market > >>investors > >> > http://www.netbroker.co.nz/ Trade on Credit, Low Brokerage. 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