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Forum Archive Index - October 2000

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[sharechat] Daily ShareChat News Summary


From: "Ben Dutton" <bendutton@sharechat.co.nz>
Date: Tue, 3 Oct 2000 06:33:28 +1300


Hi everyone, here's the summary of the ShareChat News from yesterday.

If you'd like to receive notification of breaking news stories and features
from the ShareChat editorial team as soon as they're available, please
subscribe to the ShareChat News Alert Service, using the form at
http://www.sharechat.co.nz/newsalert.shtml.


Yesterday's ShareChat News:

FEG takes up Petroz Options ahead of Thursday Meeting

Fletcher Energy is buttering up Petroz shareholders by exercising its option
to acquire 14.99% of the Australian energy exploration company. FEG will
spend A$13 million to acquire nearly 30 million shares at A43.5 cents each.

http://www.sharechat.co.nz/articles/20001002-FEGpetrozoptions.shtml

**

Beauty Direct Prepares For Growth

Listing on the NZSE at the end of March was bad timing for Internet retailer
Beauty Direct and Online Ltd. April turned out the be the cruelest month for
tech and internet stocks worldwide - Beauty Direct's share price was hit
hard and has yet to recover.

http://www.sharechat.co.nz/articles/20001002-BDOfurthergrowth.shtml

**

Frucor Makes NZSE 40

Listed beverage company, Frucor, is being included in the NZSE Top 40 Index
following what the company says is its strong performance since listing in
June.

http://www.sharechat.co.nz/articles/20001002-FRUtop40.shtml

**

Pacific Retail Picks Up Homeware Chain

Pacific Retail Group has hit the acquisition trail with the purchase of
Auckland homeware and gift retailer Living and Giving.

http://www.sharechat.co.nz/articles/20001002-PRG-acquisition.shtml

**

Best Regards

The ShareChat Team


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