Forum Archive Index - March 2001

["Wedde, John" <john.wedde@cit.ac.nz>]

Hi Derek,
Don't know about 50 cents next week but this has to be perhaps the most
undervalued share on the NZSE. Just look at the P/E and NTA ratios!! Just
goes to show how overlooked Gold is these days. There has been some
volatility in the spot gold price over the past week and current world wide
demand apparently exceeds production by some considerable amount. Other
world economic indicators may point to another closer look at gold as a
haven in uncertain times --- who knows??
Disc. Hold Otter on both NZSE and ASX and 2001 Otter options. The latter
purely as a punt/hedge.
Cheers,
John
 






                -----Original Message-----
                From:   Derek [mailto:dkw@paradise.net.nz]
                Sent:   Wednesday, 14 March 2001 21:33
                To:     sharechat@sharechat.co.nz
                Subject:        Re: [sharechat] Whatever happened to?

                Roy,

                OTR 50c next week?

                Derek ;-)






        
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