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From: | "G Stolwyk" <stolwyk@wave.co.nz> |
Date: | Fri, 30 Nov 2001 10:50:36 +1300 |
Disclaimer: Readers are not asked to buy, hold or
sell TOL, LAC or LACO shares. To do so, will be entirely at their own
risk.
Holders,
I did mention that I was not going to refer to LACO
till the result of the Australian Railway tender became known. That was to be in
Nov. according to a major newspaper.
However, the result should now be
announced in Dec., 2001.
The pricing of LACO will depend on the success
of the TOL - LACO tender application!
Obviously, nobody knows the outcome!
LACO was recommended on 11 Oct. 2001, when the
price was $2.90. It is now $3.30 (+ 14%).
During that time, the LAC price was somewhat
static!
Those are my opinions.
Gerry
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