Forum Archive Index - February 2001

["Greg McDonald" <gregmcd@world-net.co.nz>]

Force have over 150 mill' shares on issue and it is not all held buy just a few investors.

It does have reasonable liquidity for one of NZ's medium size  listed companies.

 

As for only 47000 shares for sale- is that only for sale at .27cents??-surely there would be more listed for sale at higher prices-presuming you would pay a higher price??

 

A buy of 47000@.27cps is a reasonably sized purchase and I don't know what your brokerage is but I pay less than 1% with a discount broker -it does not amount to a lot.....

 

Force shares have risen over 20% in the last week or so on the highest volumes of the last two months.

 

Presuming they return to profitability at the next half-year report (due very soon) I cant see why they shouldn't return sometime to somewhere near their long-term average share price of 45-70cps'.

 

Only time and results will tell.......

 

 

disc-hold Force-topped up recently.