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[sharechat] Margr re RIL in U.K.


From: "gcallaghan" <gcallaghan@actrix.co.nz>
Date: Sun, 8 Oct 2000 10:17:00 +1300


Flew over to the U.K. to "pick up" the HMNZS Otago in 1960 & was over there for approx. 9 months.
As this is supposed to be a share chat site,b4 I get a telling off I had better get back to that subject.
Has anyone got any ideas on BPC ASX Burns philp. I bought, well lets say, a bundle when they were 11c {they did hit a low of 4c}.I sarted to worry & was going to take my profits & run when Credit Suisse First Boston Group ceased to be a substantial holder.At one stage they owned around 10% of the company.But I see that now Deutsche Australia Ltd & SAS Trustee Corp {6.083%} have bought in.The reason I bought these shares in the first place was of Gary Hart's involvement.I missed out when the government {and a Labour one at that} sold govt.Print for 30million when it was worth around 90mil. to,what was then Rank.It hit a low of 33c & by the time I cottoned on it was $1.30.Thought I was too late & the polititians had made a killing.Every day I watched it shoot up until it was $13 or $14 {by then listed as Whitcoulls} before being split & then diving.Anyway, any thoughts?
Gordon C

 
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