Rec. May 16, 01 ( $
A ) 2.67
Rec. April 26, 01 ( $ A
) 0.50
Rec.March26,01( $NZ
) 0.43
Rec.Sept. 29,01 ( $A
)
2.30
Rec. Oct. 11,01 ( $A
) 2.90
Rec. Aug. 14,01 ( $A
)
3.85
Price
now: 3.73#
0.93 0.60 3.80 6.70 3.30
Increase ( %
): + 40 + 86 + 40
+ 65 + 131 -
14
# Includes div.of 10
cents( after tax) and 26 cents (after costs of 1.5%) as a consequence of
the 1: 1.7 cash issue.
Notes: Upfront costs have not been
paid.
MMD: Placement
of the "Artificial
Heart" in situ. Clinical human trials to proceed later in the
year.
RBC: Has been disappointing
lately - still waiting for developments. A
long time ago, I devised a formula which
took account of the FFS / FFSPA component and assets. This needs to be
revised on an ongoing basis.
PTD: The USPTO has issued
a "Notice of Allowance" or "Allowable Patent". Subject to final
approval, the Final Patent could be issued before August, this
year.
LACO: The result of the TOLL -
LAC railway tender was positive. Investors were well informed of the progress
and its chance of success.
Congratulations to the decision makers who bought
early! Renamed PRKO (Patrick options). Further option
to acquire some Ansett freight assets
cheaply.
CLI: Many investors think
that the value is there but the market has sofar disappointed! According
to CLI's books, it would have a prospective P/E of about 4.8!
Gerry
Holds these stocks - and
others.
Disclaimer: Readers are not asked to buy, hold or
sell above mentioned stocks and to do so will be entirely at their own
risk. Due to lack of time, I cannot make further
comment.
See IRG research reports
