----- Original Message -----
Sent: Tuesday, April 17, 2001 8:20
AM
Subject: RE: Re: [sharechat] RBC -----
CHALLANGE PETROLEUM
look
out for an announcement today.
castrol has purchased challenge for
30m.
Challenge Service Stations will be loosing
big time at present, in fact they haven't turn a profit as yet and won't
while the current price war continues.
Shell turned up the heat on competition after
the FEG deal was signed and commerce commission approval was
given.
They are very smart cookies and know how to
achieve there desired goals.
As a brand Challenge may not survive and
RBC will be very fortunate to get a fraction of there investment back
if any when loses are factored in.
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