Forum Archive Index - August 2001

["Cascades" <cascades.gdns@clear.net.nz>]

I note that AQL intends to issue 400 million fully paid shares at a price of
1.1c per share following its acquisition of Organic Interceptor Products
Ltd.
At present the price is 1.6c and they have been trading higher than this
over the last couple of months.

The new shares will be issued to a number of habitual and institutional
investors to be identified by a number of professional stockbrokers.

I understood that the new stock exchange rules were developed to give small
shareholders a better opportunity to participate in this type of issue.

Can anyone tell me if there is any way to get the company to allow existing
shareholders to have a prior claim to some of this new issue of shares?

Rod


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