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Re: [sharechat] AQL


From: Faizal <faizal_nz@yahoo.com>
Date: Tue, 5 Jun 2001 20:35:40 -0700 (PDT)


hope so. otherwise no more lunch money for me. :(

--- Ken Donelan <kdonelan@ihug.co.nz> wrote:
> I think there was a typing error on the NZSE notice
> and the purchase price
> of the new business was $275,000 cash plus 195
> million shares:
> 
> Cash
> 275,000
> 195,000,000 shares @ 2.5c
> 4,875,000
> Total
> 5,115,000
> 
> 
> ----- Original Message -----
> From: "Brian Jones" <ibbij@hotmail.com>
> To: <sharechat@sharechat.co.nz>
> Sent: Wednesday, June 06, 2001 3:10 PM
> Subject: [sharechat] AQL
> 
> 
> >
> >   Just picked up the AQL announcement which says
> they are paying 5.15mil
> > by way of $275,000 cash and 1950million shares ie
> 1/4 of a cent per share
> > and a requirement to have 2 mil cash in reserve
> prior to settlement for an
> > organic products outfit.
> > Makes 3 cents a share look a tad expensive at the
> moment!
> >
>
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