Forum Archive Index - July 2001

["Christian Mair" <product@adidas-ep.co.nz>]

GEN: AIA: COMMERCE COMMISSION DECISION

The Commerce Commission preliminary view that it would recommend price
controls on airfield activities at Auckland Airport. In a draft report
released today, the Commerce Commission indicated that it would recommend
that price controls be imposed on airfield activities at Auckland
International Airport. Commission Chair John Belgrave said that this
preliminary view has been reached on the basis of information received to
date. The Commission's preliminary view may be changed in its final report
once it has received submissions from interested parties and their experts.
The Minister of Commerce had directed the Commission to report to him as to
whether it would recommend price controls on airfield activities at Auckland,
Wellington and Christchurch airports. Mr Belgrave said that the Commission's
draft report does not recommend price controls on airfield activities at
Wellington and Christchurch airports. Interested parties now have the
opportunity to comment on the draft report before the Commission makes its
recommendations to the Minister on November 2.
End CA:00068671 For:AIA Type:GEN Time:2001-07-03:14:40:53 Encrypt:Y

-----Original Message-----
From: owner-sharechat@sharechat.co.nz [mailto:owner-sharechat@sharechat.co.nz]On Behalf Of Grant Keymer
Sent: Tuesday, 3 July 2001 2:52 p.m.
To: sharechat@sharechat.co.nz
Subject: [sharechat] What's up with Auckland Airport???

Anybody have an idea why AIA shares have plummeted after 2pm this afternoon?

Earlier they were trading up to $3.86, now there are sellers waiting at $3.56 and buyers at $3.58???

 

Bizarre!

It's as though there has been a trading halt on AIA shares.

Can't think why...

 

Cheers

Grant Keymer
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