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[sharechat] Re----CAV.

From:	"Earle Tute" <e_tute@clear.net.nz>
Date:	Wed, 2 May 2001 22:59:10 +1200

Val,

after the capital reconstuction you will own exactly the same percentage of the company as you did before, with some cash in the bank.

The value the market places on the reconstructed company is as discernable as a black cow on a moonless midnight, but my memory tells me that the best time to buy (if that is your intention) is soon after the ex. date before the uncertainty evaporates.

Have fun,

Earle.

Hold CAV.

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