Forum Archive Index - November 2000

["Richard Hooper" <hoop@ihug.co.nz>]

Yep I,m another undecided FFS holder(unfortunately bought in @ 67c) I am
normally decisive as one analyses information to make a decision ,however
with FFS all I can gather is misinformation .I dont know what to believe
,and I have this gut feeling that I keep on smelling a rat somewhere in this
wood pile. Past history of negative Director behaviour among top companies
and toothless commissions,have made me very suspicious when events like
these occur.( the bad news comes later scenerio)
I too will wait until the last moment . Damm it.
Like to hear from others ,accumulated sharechat information might be the
best way to make up our minds .
Wished I sold my rights @ 2c.Better still wished I sold FFS @ 80c as I had a
chance to.
Hoop
----- Original Message -----
From: "Brian Gale" <brigale@i4free.co.nz>
To: <sharechat@sharechat.co.nz>
Sent: Tuesday, November 28, 2000 12:57 PM
Subject: [sharechat] FFS saga.


>
> With the rights now at 0.2 cents - not even worth selling - brokerage
would
> absorb that.
>
> The question now for unfortunates like me is what to do ?  The only
> advantage with taking up the rights as opposed to buying shares at the
same
> price is the brokerage.
>
> With the unknown outcome of the CRITIC and  Bank Loan factors the
> over-riding question is whether it is prudent to get deeper into this
sorry
> mess. Obviously funds from the share issue will have to be used to help
> sort out the loan question, the unknown is how much and where that will
> leave the future prospects of the Company.
>
>   There is underlying strength and 25cents could be cheap,  if the above
> factors are sorted out - only time will tell.
>
> Comments please.
>
> BG
>
>
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