Forum Archive Index - April 2001

[Derek <dkw@paradise.net.nz>]

Nigel,

One thing is for sure, anyone who buys at 11c can't expect to be able to
sell at 15c, people will be falling over themselves to sell and many will
miss out.

What interests me about this is that if Bomax is prepared to pay 15cps then
perhaps the shares will be worth that much in the longer term and are
therefore are a good buy at current prices. However until the market is
informed about what Bomax actual does & its prospects etc buyers would
currently be buying blind. 

I feel that it should be the responsibility of PUR to keep the market
informed, perhaps they've sent letters to their shareholders, I don't know.
But keeping the market in the dark isn't doing much good for their current
shareprice and is doing a disservice to their shareholders.

Derek

(disc. don't hold PUR)






>I see PUR has just dropped 11% to 11 cents. It rose in price after 
>Bomax announced its intention to buy shares at 15c. Is this still 
>going to take place? If so, does this make PUR a good buy at this >price? 


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