Forum Archive Index - May 2001

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Re: RE: [sharechat] RBC

From:	"G Stolwyk" <stolwyk@wave.co.nz>
Date:	Thu, 24 May 2001 16:00:29 +1200

Thanks, Mick,

I am not too worried about the final price being paid and covered that in my post of April 9.

I guess that Caltex' need to secure that RBC subsidiary is greater than the need to sell it even if losses occur!

They may be playing poker for some time but at the end of the day, the extra $ 10 mill. is nothing to Caltex.

They want to know of course if perhaps they need to sell a station or two in areas where they are dominant, but that is not unusual!

Gerry

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