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Re: [sharechat] CDL Hotels

From:	"Dannie Hawkins" <dannie@es.co.nz>
Date:	Thu, 21 Jun 2001 06:25:46 +1200

Dear Bruce

If you ignore the "one off" write down of Millenium Sydney, you should probably also ignore the "one off" profits from the sale of apartments. These earned Kingsgate close to $13million last year.

Dannie

Disc. hold CDL, CDI, Kingsgate.

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