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From: | "G Stolwyk" <stolwyk@wave.co.nz> |
Date: | Mon, 11 Jun 2001 16:05:31 +1200 |
The buy - back ought to be somewhat positive
as RBC will then be able to clean up much stock which at the moment is
keeping the share price down.
Another positive is - yes, we have'nt forgotten it
- the prospective inclusion of RBC in the SE 40 index at
the end of June !!
To manage that, RBC will need
to be at least 45 cent / share! It is 60-61cents.
One of two companies will need to make room for
RBC : ADV or Montana. The first, because its price is well
down, the second, should Montana be substantially taken over.
The situation re Montana could carry on for a
while, so ADV could be on the chopping block soon!
Must remind RBC that
they are entitled to be in the 40 index!
Gerry
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