Forum Archive Index - April 2001
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Re: [sharechat] RBC again
The demand premium is slackening off. buyers are sitting & waiting a bit
more there was a big overhang in the market and I do not know how much is
left. also the nasdaq is so up and down capstone shares could drop more than
the gain to morrow
hope this helps with your thinking
malcolm cameron
>From: "ashbb" <ashbb@xtra.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: "sharechat" <sharechat@sharechat.co.nz>
>Subject: [sharechat] RBC again
>Date: Wed, 11 Apr 2001 12:55:14 +1200
>
>I was under the impression that the price of Capstone would have a direct
>impact on RBC - I think someone mentioned that a $1 movement in CPST would
>equate to about 1c on RBC.
>
>In the last two days CPST has enjoyed rises of over $2 followed by about
>$1.5 , whilst RBC has actually lost ground.
>
>Not to mention the 1c rise in FFS, can I be excused for thinking that these
>things should have benefitted RBC?
>
>Any ideas folks?
>
>ash
>
>(HOLD RBC)
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