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From: | not important <cullen150@yahoo.com> |
Date: | Tue, 9 Oct 2001 21:16:40 -0700 (PDT) |
About a month ago the options were $0.01 each and now are about $0.06 each. You do the maths. I still think the shares themselves are very cheap at about $0.025 especially now all the problems are ironed out and they seem to have a very positive outlook as shown today. Why are they still so cheap then? Cullen150 Disc own SPE, no options. --- "Wedde, John" <John.Wedde@weltec.ac.nz> wrote: > Anybody following this company? > > I notice today their 100% owned subsidiary Kinetiq > [previously Wel > Technology] has just successfully sold their energy > management software to > TXU networks in Victoria. Check out the web page for > this Texas based NYSE > listed company > http://www.txu.com/ <http://www.txu.com/> This is > a major international > company and SPE's hookup with them must be very good > news. I'm surprised the > market here hasn't reacted more strongly although > both the head share and > options were up marginally today. > Interestingly it appears also that the options will > have their exercise date > pushed forward by a couple of years and their > exercise price reduced to 6 > cents to align them with the employee options. It > seems from my reading of > the annual report that this will be voted on at the > AGM. > > Disc. Hold Spe and Speob > > Cheers, > John > > > > > > ########################################################################### > This e-mail message has been scanned for Viruses and > Content and cleared > For queries on e-mail scanning email the > postmaster@weltec.ac.nz > ########################################################################### > > > ---------------------------------------------------------------------------- > To remove yourself from this list, please use the > form at > http://www.sharechat.co.nz/chat/forum/ __________________________________________________ Do You Yahoo!? Make a great connection at Yahoo! Personals. http://personals.yahoo.com ---------------------------------------------------------------------------- To remove yourself from this list, please use the form at http://www.sharechat.co.nz/chat/forum/
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