Forum Archive Index - November 2000

[Nick Bryant <nbryant@nbr.co.nz>]

Thanks John,

fair call. It's a while since I've written to the site and forgot how
careful one must be in phrasing things. I realise when money is on the
line sensitivies tend to be heightened. I have no preconceptions, rather
I noted there had been a lot of action on the site in regards to ITC.
Please forget I said "goings on", and many thanks for your guidance
about how I might ask some "judicious" questions.

Cheers,

Nick Bryant.



Wedde, John wrote:
> 
> Hi Nick,
> I'm a staunch ITC fan and believe they have performed exceptionally well and
> have still further fantastic future prospects.
> As a holder of a significant number of shares [relative to my total small
> portfolio anyway!] I'd hate any questions that you might ask on my prompting
> to have a negative effect on the share price.
> Nevertheless, I also have noted some concern within the Sharechat forum on
> the question of options. Some chatters have expressed the view that there
> seem to be an inordinate number of these. The concerns seem to be, firstly,
> about the diluting effect of these when they are exercised and, secondly,
> that directors and senior executives of the company can reward themselves
> improperly via this medium. Some judicious questioning about options may be
> appropriate but PLEASE do not stir up a hornets nest in the interest of
> scoring a good story.
> I have not noticed any reference in this forum to "goings on" at ITC ----
> not a terribly positive phrase in my opinion!
> Cheers
> John
> 
>                 -----Original Message-----
>                 From:   Nick Bryant [mailto:nbryant@nbr.co.nz]
>                 Sent:   Wednesday, 15 November 2000 02:45
>                 To:     sharechat@sharechat.co.nz
>                 Subject:        [sharechat] ITC
> 
>                 Dear sharechatters,
> 
>                 Having noted the slightest hint of consternation at various
> goings on
>                 within ITC posted on the site in recent weeks, if you'd like
> any
>                 specific questions asked of the directors tomorrow please
> forward them
>                 to me at nbryant@nbr.co.nz
> 
>                 Many thanks
> 
>                 Nick Bryant
> 
> 
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