Forum Archive Index - September 2000

["charlie brown" <gordy_gecko@hotmail.com>]

"ITC will defiantly be the most sought after VC in Asia"....

Les, I'm not sure whether you're writing this to make yourself feel better 
about your being long in ITC, but being someone who is involved in the VC 
fund industry I can assure you that while ITC is good, it is as the old 
cliched saying goes "A small fish in a big pond"...


>From: "Les" <openmind@paradise.net.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: <sharechat@sharechat.co.nz>
>Subject: [sharechat] ITC placed 10m shares at 29.3cents nz
>Date: Fri, 22 Sep 2000 13:38:41 +1200
>
>ITC Placed 10m shares at 29.3c nz to an aussie listed VC investment 
>company. In this sick looking market why wouldn't you wait?
>ITC will defiantly be the most sought after VC in Asia. They will get to 
>choose the best of the best investments because of there infrastructure, 
>profile and magnificent results to date.
>Geoff Dittus said just on 45% of ITC is now Overseas owned and recently 
>indicated that increasing overseas ownership was a goal for the company. 
>That's for very obvious reasons.
>I wouldn't be at all surprised to see Stephen Tindall becoming a major 
>shareholder as it was he that appointed Geoff Dittus to look after his 
>interest in DVI. They obviously have a lot of respect for one another.
>

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