Forum Archive Index - March 2002

Please note usage of the Forum is subject to the Terms & Conditions.

Messages by Date [	Next by Date	Previous by Date ]
Messages by Thread [	Next by Thread	Previous by Thread ]
Post to the Forum [	New message	Reply to this message ]

Printable version

[sharechat] Kerry Packer and Sir Ron join forces

From:	"nick" <helmett@xtra.co.nz>
Date:	Sun, 3 Mar 2002 11:19:37 +1300

Very interesting development for solution 6. 25 million shares have been taken up by cph investment corp (packer) and MEM group which is 83% owned by GPG (sir ron). They have been given 12.25 million shares each at a price of 63 cents a share with an option of another 5.25 million each at the same price. Good news for GPG and probably good news for solution 6. They have got a bargain at 63 cents which is quite a good discount to the present price.

There was a trading halt on friday before the announcemnt. The shares jumped to 77c after the announcement before falling back to 74c. Solution 6 announce results on thursday, the shares have been stirring lately and the whispers are that a decent result is expected. Will be interesting to see what happens on monday.

Replies

Re: [sharechat] Kerry Packer and Sir Ron join forces Nick Kearney

Messages by Date [	Next by Date:	[sharechat] TLS Phaedrus
	Previous by Date:	[sharechat] TLS Peter ]
Messages by Thread [	Next by Thread:	Re: [sharechat] Kerry Packer and Sir Ron join forces Nick Kearney
	Previous by Thread:	[sharechat] Mary Holm / MetaShare Peter ]
Post to the Forum [	New message	Reply to this message ]