Forum Archive Index - March 2001

["Brian Jones" <ibbij@hotmail.com>]

If Wilson Neill Directors have acted without fault over the last couple of 
years then any criticism by Ian Andrews can be ignored and his attacks 
should have no affect on the company.
The Directors do have the ability and freedom to reply to all his comments 
but seem very reluctant to do so.
I believe Mr Andrews may be one of those who put a considerable amount of 
his capital at risk during WNC's transformation (subscribing to a 2c cash 
issue when shares could be purchased on the market at a lot less etc.) which 
kept the company going in those critical days.A return related to the risk 
is surely justified.
Ther are others I believe, who have taken rewards without the risk and at 
shareholders expense.
If Ian Andrews can expose the skulduggery,and as a result have the company 
clean up it's act, more power to his arm.
If he can also buy shares cheaply and as a result of his actions see them 
appreciate in the future, good luck to him!
I also like to bear in mind that the unlisted market has similarities with 
the South American jungle.
_________________________________________________________________________
Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com.


----------------------------------------------------------------------------
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.