Forum Archive Index - June 2001

[Sam and Jerry <g.tylersmith@ext.canterbury.ac.nz>]

Could the general downtrend of  the NZ market this month have anything to do
with June being the end of the Australian financial year, with associate
tax-loss selling?

Damien Poppelwell wrote:

> I agree, it just seems like you've plucked a number out of the air...
> I tend to subscribe more to Michael's point of view, that it's just the ebb
> & flow of the market - It's drifting down on a lack of market interest,
> rather than any actual downward pressure, and will probably continue to
> languish until some news (or more likely speculation) as to the future fate
> of the company.
>
> On a related note, I haven't been following the sale process for the CNIFP
> estates, has anything happened with this yet?
>
> Damien Poppelwell
> Consultant / Analyst
> Excellent Software Ltd
>
> Delivery:     Level 3, Greentree House
>               143 Nelson St
>               Auckland, NZ
> Snail Mail:   PO Box 11-222
>               Ellerslie
>               Auckland, NZ
> Phone:        +64-9-3662102  x253
> Fax:          +64-9-3662104
> Mobile:       +64-21-480706
> ICQ #:        23194345
> Email:    damien@xls.co.nz
> Web:          www.xls.co.nz
>
>  -----Original Message-----
> From:   George Hill [mailto:ghill@buzzavox.com]
> Sent:   Thursday, 21 June 2001 17:03
> To:     sharechat@sharechat.co.nz
> Subject:        RE: [sharechat] Falling FFSPA/FFS & RBC
>
> Why only 25c? Why not 20c or 15c or 10c?
>
> I can't see the rationale in your logic.
>
> -----Original Message-----
> From: owner-sharechat@sharechat.co.nz
> [mailto:owner-sharechat@sharechat.co.nz] On Behalf Of dk wong
> Sent: Thursday, 21 June 2001 1:21 p.m.
> To: sharechat@sharechat.co.nz
> Subject: [sharechat] Falling FFSPA/FFS & RBC
>
> Looking at trends and market depth, can see FFSPA & FFS falling to 0.25
> by
> this time next week. RBC would inevitably be affected.
>
> DK
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