Forum Archive Index - October 2000

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Re: [sharechat] Someone poured petrol on these trees !!!

From:	"Grant Keymer" <grant@jenlogix.co.nz>
Date:	Thu, 12 Oct 2000 22:08:47 +1300

Deus,

>I tell you, Frankline Resource have got PLENTY more FLC shares for sale if any of you guys out
there are prepared to put up your hands for some.

They have also been selling large parcels of CAH for most of this year.

SSH holding at start of year 15%, now around 7%.

Why do you reckon they continue to do this even when our Pacific Peso is only worth 40c US?

Surely it would make sense to wait for our currency to improve a little?

I don't believe it can fall much further against the US$, yet it could well rise substantially next year...

Not much to lose, and a fair bit to gain I would have thought.

Interested in your comments.

Cheers

Grant Keymer
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