Forum Archive Index - June 2001

["Phil Boeyen" <pboeyen@sharechat.co.nz>]

Ken

I have just spoken to the PR firm responsible for AQL and they have
confirmed the figure is 1950 million.

Regards, Phil

----- Original Message -----
From: "Faizal" <faizal_nz@yahoo.com>
To: <sharechat@sharechat.co.nz>
Sent: Wednesday, June 06, 2001 3:35 PM
Subject: Re: [sharechat] AQL


> 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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