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Re: [sharechat] Fletcher Forests


From: "Geoff Ewert" <gewert@wai.quik.co.nz>
Date: Tue, 10 Oct 2000 13:58:02 +1300


I,ll be leaving the technicals aside for now
----- Original Message -----
From: Steve
Sent: Tuesday, October 10, 2000 1:29 PM
Subject: Re: [sharechat] Fletcher Forests

Technically  FFS has formed an intra day descending triangle and should bottom out at 45 cents IMO.
Steve.
 
----- Original Message -----
Sent: Tuesday, October 10, 2000 12:40 PM
Subject: [sharechat] Fletcher Forests

I bulked up on Fletcher Forests after the Paper-Norse Skog transaction.

If the proposed sale of Fletcher Calling Forests attracted the same premium as Paper it would be money for old rope.

Anyone want to buy some old rope?

Nobody should file their proxy voting form for the meeting to approve the break up transactions in the bin like they would normally do.

Question. The FF. rights issue will be fully underwritten. Do I sit on my check book and leave the underwriter to hold the baby?

Boop-boop-de-do Marilyn

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