Forum Archive Index - February 2001

["G Stolwyk" <stolwyk@wave.co.nz>]

 

Dear Keith Frankum,

 

Keith,

 

Thanks for your support!

 

I am quite happy to withdraw and let somebody else make the pace.

As a  74 years old, I don't need any more publicity as I have been getting it in this Forum for months!

 

Ideally, a prominent and active member of a proposed Shareholders Association should move in and carry on.

 

Can somebody contact this person or give me her / his email address, please?

 

If there were no substantial NZ companies left within a short time, well, I tend to be much more at ease with Australian and other countries' shares anyway.

 

That is because their stock exchange have a rigid code and I don't expect sudden moves behind my back!

 

One would think that some brokers would join in because their livelihood will be at stake as we run out of the larger NZ companies!

Unfortunately most are "owned " by large foreign broking houses.

 

Readers can expect adverse comment on our activities from sources hiding under a nom de plume.

 

There won't be much more left to talk about on any sharechat site once these valuable - if few - companies are gone!

 

And a Shareholders' Association will then have a difficult time! 

 

And if the Minister of Commerce waits too long before taking any action or 

if any protesting group splinters and devises too many different ( and sometimes time consuming ) schemes, then nothing will be done or we shall be running out of time!

 

We need concerted action now!  

 

There must be a way to stop the NZSE from causing more harm to the average shareholder by their - what many refer to as an"incestuous" relationship with institutions.   

 

Unfortunately, speed of action is essential and  coordinated moves by us, readers, are essential:

 

Is your company being lined up for a take-over before July and how are you going to be treated?

 

Gerry