Forum Archive Index - February 2001

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

 

 

Roy,

 

I agree with you on the approach to brokers when you want to discuss market depth!! 

 

I have complained about this for some time with my broker and  

will continue to ask for market depth!!

 

I hope that everybody keeps at doing that!!!

 

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The other one which deals with the conduct of the NZSE on take-overs can best be dealt with by:

 

1. Approach to the broker. You can be sure that in most cases this has already happened. I know, I did on many occasions.

 

I hope that everybody keeps at doing that!!

 

2. By email to the principal parties: Refer to " CALLING ALL READERS ( 5 ) of today.

 

The objects are:

To flood their offices with emails / telephone calls.

To demonstrate to our fellow investors - who were hit by the Montana fiasco - that we feel for them and like to do something to avoid this in the future.

 

And so the Sharechatters are working on both causes but these are quite separate ones! Therefore, both can be mentioned at the same time but it will be better to post them on separate emails to the NZSE.

 

Summary: There are two objectives and a multiple approach can be more effective in each proposal!

The Minister is concerned with take-over legislation while the NZSE should be looking at that as well, and also at market depth!  

 

Gerry