Forum Archive Index - October 2000

["Kelvin" <kelw@infogen.net.nz>]

Frank. I have held for awhile now, but bought in,in the .80s, it then went
up by a few cents before coming down to only a few cents. I believe they
were close on going under and just survived. I bought after reading an
Australian brokers report, but they got hit by major world insurance claims,
it has since moved to 11-12c since GPG. I believe they see upward movement
to aprox. .60c, not enough for me, but ok if buying in now. At this stage it
would have to be rated speculative INMHO.


> Has anybody any views on this company, I have noticed in the last few
> months that GPG have been accumalating a holding, and that today it was
> announced Maurice Loomes (ex GPG) has joined the board of Directors. It
> has a 2 year share graph not dissimalar to a ski jump, but presumably
> GPG have done their homework.  Before any cardigan wearing cassandra
> accuses me of ramping I feel I should disclose I currently have a
> holding of 5000 shares worth all of $575 Aust.  cheers Keith....
>
>
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