Forum Archive Index - April 2001

["Malcolm Cameron" <malharcameron@hotmail.com>]

Richard
maybe somebody wanted enough to get the extra half percent on their deposit 
rates for share holders, they would not need to be investing much for this 
to pay off hansomly I own some for this purpose and they give a good yield 
on there own as well
disc i own some for this purpose
malcolm


>From: "Richard Hooper" <hoop@ihug.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: <sharechat@sharechat.co.nz>
>Subject: [sharechat] DPC  Rocket
>Date: Tue, 3 Apr 2001 10:56:15 +1200
>
>Seems someone has built themselves a $113 rocket ..lit the fuse and off it 
>went
>Dorchester Pacific Ltd ( DPC) up from 104 to 113 with 100 shares traded
>DPC results still about 2 months away so a wonder if this person paid a 
>cheap price to ramp this undervalued share upwards for cheap thrills or was 
>it that he had to show his share portfolio to his bank manager this morning 
>  :))))
>
>An interesting thing emerges out from this situation ...with a company with 
>a small number of shares approx18.1mill and over 1/2 of those shares locked 
>up with 7 investors few shares see the trading floor .With recent low 
>demand the shareprice has be stable (-ve trend) however there is potential 
>for this share to become highly volatile if demand does return.
>will continue to watch with interest
>
>Disc  own DPC shares.....and no it wasnt me
>Hoop

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