Forum Archive Index - August 2001

["Nick Kearney" <nk@xtra.co.nz>]

rod

Why would you even want some!!??

I saw a valuation on them that had their shares at .1 of 1cent.  ie 1/10th
of a cent.

up to you i spose though.

cheers

nk

----- Original Message -----
From: Cascades <cascades.gdns@clear.net.nz>
To: <sharechat@sharechat.co.nz>
Sent: Thursday, August 23, 2001 1:08 PM
Subject: [sharechat] AQL


> 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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