Sharechat Logo

Forum Archive Index - October 2000

Please note usage of the Forum is subject to the Terms & Conditions.

 
Messages by Date [ Next by Date Previous by Date ]
Messages by Thread [ Next by Thread Previous by Thread ]
Post to the Forum [ New message Reply to this message ]
Printable version
 

[sharechat] FEG and NZdollar nosedive


From: "Brian Jones" <ibbij@hotmail.com>
Date: Thu, 12 Oct 2000 19:00:41 NZDT


FEG closed in Aust at the equivalent of NZ$7.50 tonight.
Well over 100 million dollars of FEG were purchased today at between $9.30 
and $9.45.
One or two punters have, just today ,(Tues and Wed similar) seen over 20 
million dollars wiped off the market value of their investment.

That is just on the NZ market.

Regardless of some share price recovery if it comes,or plan B, how-now  
international investors regard for New Zealand?

The dollar is now down to around 39.8 U.S.cents.

Dr Deane, - your reputation has evapourated.

With it's present business and political leadership, I sincerely fear for 
the future of this country.

Regards
_________________________________________________________________________
Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com.

Share information about yourself, create your own public profile at 
http://profiles.msn.com.


----------------------------------------------------------------------------
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.

 
Messages by Date [ Next by Date: [sharechat] Fletchers and life in general Mike Hudson
Previous by Date: Re: [sharechat] Fletchers - FEG SCREW UP!! 2000 ]
Messages by Thread [ Next by Thread: Re: [sharechat] FEG and NZdollar nosedive Grant Keymer
Previous by Thread: Re: [sharechat] Fletchers and life in general richard hermans ]
Post to the Forum [ New message Reply to this message ]