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From: | "Richard Hooper" <hoop@ihug.co.nz> |
Date: | Thu, 20 Dec 2001 10:49:40 +1300 |
Hi All
add some more factors to the equation.
.....low investor activity to this stock since buy
back stopped
.....Investor perception that RBC could have a lazy
management problem.
.....Yanks could flood the wood mkt with their fire
damaged wood
.....Lack of communication between company and
their shareholders ( a NZ wide problem)
.....Seemingly lack of direction by the
company.
.....Probably something major has gone wrong that
only insiders know about ( sorry, me being paranoid as I bought up more last
week at 64c ..reason?? ...flat line chart either goes one way or the other,
punting that FFS/Citic outcome may be positive ( keep thinking FFS is being
ramped downwards with takeover in mind ) and Tower insurance
had just bought 1% of RBC )
.....Extremely quite and showing a low profile
attitude tends to make investors nervous.
.....Unattractive stock, once FFS shares are
sold.
.....Smart money sold out at 80c and moved
on.
Maybe sharechatters can add more to this
list.
Hoop
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