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Re: [sharechat] AIR NZ and the NZSE


From: "Ben Dutton" <bendutton@sharechat.co.nz>
Date: Mon, 24 Sep 2001 09:21:24 +1000


Brian - good point.  With NZ's prime minister herself talking about the
possibility of statutory management and a veritable whirlpool of speculation
and innuendo these shares should not be trading until the situation is
clarified.

Best Regards

Ben Dutton
(Disc. do not hold AIRVA or B).

----- Original Message -----
From: "Brian Jones" <ibbij@hotmail.com>
To: <sharechat@sharechat.co.nz>
Sent: Monday, September 24, 2001 8:03 AM
Subject: [sharechat] AIR NZ and the NZSE


> It seems remarkable to me that with all the uncertainty and speculation
> surrounding AIR NZ and with a pending Board meeting which will in effect
> decide whether the Company continues to exist as we know it, that the NZ
> Stock Exchange has not supended trading in AIR NZ shares.
> The oportunities for insider trading are enormous.With the Govt,SIA,BIL
and
> the rest of the Board obviously in conflict,and each with the future of
the
> Airline in their hands, insider trading would seem to me to be a
certainty.
> Also,  how can the market be kept fully informed when the situation is so
> fluid?
> Any other civilised market would have suspended AIR NZ long ago.
> Roll on our wild-west market and the gutless and impotent NZSE.
>
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