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[sharechat] RMG Half Year Result - An informed market??


From: "Wayne McDonald" <wayne.mcd@voyager.co.nz>
Date: Sat, 17 Mar 2001 17:03:20 +1200


How can investors get a fair go when they are left in the dark?

At no stage did the date of the proposed date for the RMG announcement
appear in the stock exchange investor diary - unless I missed it!

Even on the Newstalk ZB business show a week and a half ago, one of the
correspondents was asked to comment on RMG, by Larry Williams. The
commentator suggested a result announcement would be made in a couple of
weeks, and also suggested the stock could be in for a re-rating following
this - hmmm!

I sent an e-mail to RMG Friday of the week before last via their web site
requesting when their result may be announced. I received a very prompt
reply suggesting I e-mail their Finance Director based in Melbourne - which
I did. Still waiting on a reply.

Now they release their result by stealth late on a Friday - is this what is
meant by PR?

I am just glad that the result was so good, and there will be a real
shortage of scrip on Monday?? Or will there?

Cheers,
Wayne


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