Forum Archive Index - June 2002
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Re: [sharechat] GPG Chart
Thanks Phaedrus.
So, technically at least, we do have a sell signal for GPG.
Fundamentally, as I think I've already opined, GPG may be heading
downwards because most of their investments are not in NZ. With the rise
in the NZ dollar these are now worth less, in NZ dollar terms anyway.
Cheers,
John
ps I'm holding my GPG anyway, but watching closely
>>> Phaedrus@techemail.com Wednesday, 5 June 2002 9:22:42 a.m. >>>
Ah John, John, you can't get me on that one! Such an omission would
never escape Snoopy's beady eye! It would be the Inquisition all over
again! Death by a thousand posts!
The GPG chart has already been adjusted to compensate for the recent
1:10 issue. This was effected by multiplying pre-issue prices by 10/11.
Post-issue prices are, of course, unchanged. Most charting software has
a utility that does this quickly and easily.
Regards,
Phaedrus.
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