Forum Archive Index - November 2001

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Re: Re: Re: [sharechat] LACO.AX : What are the prospects?

From:	"G Stolwyk" <stolwyk@wave.co.nz>
Date:	Fri, 9 Nov 2001 21:07:55 +1300

Arising from:

Press reports indicate that there are 4 applicants for these tenders.

As mentioned, LAC - and as a consequence LACO - stand to gain if the TOL / LACO combination wins.

It may not result in a $3 increase in share price but it could still be handsome!

LACO is at present $3.05. I don't believe that any expectation of a positive outcome of that tender is as yet built into the share price!

There may be a slight fall in the share price, should LAC not succeed.

Gerry

Readers are not asked to buy, hold or sell LACO. To do so will be at their own risk. There will be no repeat of this message.

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