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From: | "secondstep70" <secondstep70@hotmail.com> |
Date: | Wed, 28 Feb 2001 09:35:10 +1300 |
I'm a small CEN holder. I received a letter from CEN yesterday which said that the share buy back scheme would cease on March 31 2001. I think this has been going on for about a year. During that time, they have acquired 4% of the share on issue. I'm concerned that once the share buy back finishes, the shareprice will drift downwards as there are no replacement buyers on the market. Is there any precendence in this situation? Cheers, Chris ---------------------------------------------------------------------------- http://www.sharechat.co.nz/ New Zealand's home for market investors http://www.netbroker.co.nz/ Trade on Credit, Low Brokerage. Join now. ---------------------------------------------------------------------------- To remove yourself from this list, please use the form at http://www.sharechat.co.nz/forum.shtml.
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