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Re: [sharechat] ITC Chart


From: "nick" <helmett@xtra.co.nz>
Date: Sun, 29 Jul 2001 18:03:13 +1200


         But will anyone believe them?  Why should we listen to
what ITC say from now on?
       nick
 
 
 
This will most likely start to happen when the annual report is due to be released which will be very soon. It will most likely contain current market values for DVI and Virtual Spectator which will show substantial increases.
The reason this will happen is because ITC want to raise more capital to put into both of these outstanding investments, and will only be successful in raising capital when the share price is reflecting it's true NTA value 28c+ IMO and that's without any premium built in, which is to be expected in the current state of the world equity markets.

References

 
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