Forum Archive Index - January 2002

["nick" <rathel@xtra.co.nz>]

          Ok im gonna bite,  i know you just taking a childish cheap shot, but 
show me 
i said they would be ten dollars, i dont remember it.   
      Nick





> it's a shame they didn't get to the $10 you mentioned they would get to a
> while back nick....
> > ----- Original Message -----
> From: "nick" <rathel@xtra.co.nz>
> To: <sharechat@sharechat.co.nz>
> Sent: Tuesday, January 08, 2002 8:01 PM
> Subject: Re: [sharechat] FRU
> 
> 
> >
> >      I have now sold all my holdings in Frucor, it appears that
> > there is little to gain from holding now and everything to lose.
> >     Danone have been very clever, and it seems to me that the
> > independent report may have been a trifle optimistic about Frucors
> > short term prospects.
> >        The buyers now are as Ben said, large institutions, they are buying
> > now because it looks very likely that Danone will achieve the 90%
> > takeup. So the risk may be low.
> >   Personally though i feel happier to now be on the sidelines. (sold
> > half 2.40 and the rest today).    Im  hoping the bid fails and the
> > price falls back, if that happens i will be back in.
> >        Shame to lose Frucor,  they are a good ambitious company who
> > will be missed on the exchange.
> >
> > Nick
> >
> >
> >
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