Forum Archive Index - May 2002

["Nick Kearney" <nickk@quicksilver.net.nz>]

Isn't there a whole bunch of shares coming out of eschrow soon?

I think so.  This would dilute the share price.  I understand there is 30
million or so shares.

This might be it.

ZCheers

Nk
----- Original Message -----
From: "Jefley Aitken" <jefley@xtra.co.nz>
To: <sharechat@sharechat.co.nz>
Sent: Tuesday, April 30, 2002 5:10 PM
Subject: [sharechat] receivables management group


> hello patrick
> i've been worrying over rmg too.  you may have noticed my (unanswered)
> posting of 19 april on this forum.
> i suspect that the receivables sector is thoroughly unloved at the moment
> -- bca and clh in oz have also had huge price slides over the last few
> months, although clh has picked up a little in the last week.
> the nz market infamously leaks like a sieve, so i suspect next week's
> announcement from rmg will be negative, and that the current drop is due
to
>  insider rats deserting.
> cheers from a grumpy jefley.
>
>
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