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RE: [sharechat] ITC


From: "Wedde, John" <john.wedde@cit.ac.nz>
Date: Fri, 27 Oct 2000 12:43:23 +1300


Hi Joanne
The shareprice has dropped a lot lower than the exercise of options should
have caused it to. I'm not sure that all the options have  been exercised.
I think the last day for this is October 31, Tuesday next.  Would you care
to elaborate on why you do not think much of ITC's portfolio?
I'm still holding, in fact  bought more recently.
Cheers,
John 



                -----Original Message-----
                From:   Joanne James [mailto:jojames@ihug.co.nz]
                Sent:   Thursday, 26 October 2000 18:38
                To:     sharechat@sharechat.co.nz
                Subject:        [sharechat] ITC

                The options have been converted to shares now so I presume
that ITC has had
                a cash injection. There are now more shares on the market
which is why the
                shares are priced so low. It's portfolio is not exactly
stunning where does
                ITC go from here and are the shares worth buying at this
price? Anyone got
                any thoughts cheers.


        
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