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Re: [sharechat] PDL


From: Gerry Tyler-Smith <g.tylersmith@ext.canterbury.ac.nz>
Date: Mon, 12 Feb 2001 19:43:39 +1300


No calls to me. After my experience with Montana (my Ord Minnet broker
advised me to sell during that $2.30 stand in the market last June ... was
it Fosters, or Lion ?, any way, i sold, silly me), I think I would tell my
current broker to get serious, tho I think she's wonderful (Lou Bryant at
ASB).

Surely a stand in the market only means one thing, ie, plans for a
controlling interest takeover bid?


>    Did any other PDL shareholders receive a call  tonight from a broker
>on behalf of a buyer wanting to pick up 15% of PDL? They  are apparently
>offering a premium of (I think) $1:20 net over the last closing  price.
>Should be interesting to see what happens to the price  tomorrow.  




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