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[sharechat] CEN

From:	"John and Beth Schwartfeger" <timestwo@xtra.co.nz>
Date:	Wed, 25 Oct 2000 16:31:03 +1300

I noticed yesterday that Contact were buying back their own shares at $2.83 odd average per share. Rather a higher figure than they have been paying of late. Would this indicate that

a:) They think their shares are still undervalued even at this figure? and

b) Could it mean they are trying to speed up their buyback program with purhaps some strength behind Edison wanting to increase their stake?

Any ideas?

Maybe a good bottom drawer (or is that draw) share to hang onto for a bit longer??

Thanks.. John

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Re: [sharechat] CEN Phil Boeyen

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