Forum Archive Index - February 2002

["Phil Boeyen" <pboeyen@sharechat.co.nz>]

I seem to remember this being discussed previously and one reason given was
the difference between the number of FFS on issue (922 million) vs FFSPA
(1.86 billion), combined with the fact that FFS has more 'top of mind
recall' (in marketing speak) than FFSPA for those new to the market and
buying a stake in Fletcher Forests.

Phil


----- Original Message -----
From: <ichi@ihug.co.nz>
To: <sharechat@sharechat.co.nz>
Sent: Friday, February 22, 2002 9:50 PM
Subject: Re: [sharechat] FFS vs FFSPA


> Kevin Young wrote:
> >
> > A FFS shareholder has more voting rights than a FFSPA shareholder.
>
> Really?  This is news to me.  I thought the only difference was,
> in the event of liquidation, FFSPA shareholders would be paid
> first (up to 25 cents).
>
> It seems to me this makes FFSPA shares more desirable than FFS.
>
>
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