Forum Archive Index - February 2001

["Veronica Ryan" <ryanrite@ihug.co.nz>]

I see Brierley are going to seek 2 shares into 1 and share option plan?

plus mandating directors to issue shares within permitted limits?

I wonder if the small shareholder will benifit from this or is this for who's good?

what do you think? is it a good buy?

-Athol---- Original Message -----

From: Trevor Gilbert

To: sharechat@sharechat.co.nz

Sent: Tuesday, February 13, 2001 4:34 PM

Subject: RE: [sharechat] Brierleys - Some interesting news (2)

And if you include Thistle, James Hardie and Tasman the NTA in NZ$ is $1.44/share!!

 

Hardies may take a bit of a hammering this year with the slow down in Oz, but Tasman seems Okay for at least the next 12 months. And you never know, Thistle may get a buyer at long last.

 

Bearing mind cash from Sealord and Vox sales there does not seem much downside risk to this stock despite is reputation.

 

 

-----Original Message-----
From: owner-sharechat@sharechat.co.nz [mailto:owner-sharechat@sharechat.co.nz]On Behalf Of DR
Sent: Sunday, February 11, 2001 12:35 PM
To: sharechat@sharechat.co.nz
Subject: Re: [sharechat] Brierleys - Some interesting news (2)

At the closing price of 157p its share of Thistle (45.9%) is very close to the all-up Brierley capitisation at 34c/share without other assets.

D.