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Re: [sharechat] What's Your Favourite Share

From:	"Dannie Hawkins" <dannie@es.co.nz>
Date:	Mon, 21 Jan 2002 07:54:17 +1300

Yes they have been great, especially if you bought them at a discount to asset backing. They are now trading at a 25% premium to asset backing. Perhaps it's time to sell the company and buy MLC Platinum instead. It has the same management, but is a unit trust not a company. As such, it always trades at asset backing and has more favourable tax treatment for NZers than the listed company.

Regards

Dannie

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