|
Printable version |
From: | "G Stolwyk" <stolwyk@wave.co.nz> |
Date: | Sun, 1 Jul 2001 14:57:04 +1200 |
The reason why I said prior to the
sale of the oil terminals and petrol stations assets, that prices for these
will be " satisfactory ", was, that the present Board of RBC
had originally agreed on a "satisfactory
price " to buy from Fletcher Challenge.
Mind you, they had to take the S. American assets
as well.
After much adverse comment on Fletcher
Challenge, the RBC Board wants to be known as a go-ahead Board
who maximizes the RBC share price.
RBC has 17.3 % stake in FFS/
FFSPA and both Boards get on well!
Whatever happens, I
don't think that
RBC
will suffer!
Watch this space!!
Gerry
|
Replies
|