Forum Archive Index - February 2001

["Peter Riches" <peter@peaktechnology.co.nz>]

Though I understand that the Stewart family hold 60% (?) so that would make
it difficult to obtain a controlling interest.
----- Original Message -----

> 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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