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Re: [sharechat] CAV


From: Roger Palmer <92002137@snetnzch.cpg.com.au>
Date: Tue, 17 Dec 2002 07:41:18 +1100


Bill

Fear not. Cavalier split their shares 1 for 2, so $4.00 today is the equivalent
of the pre split price of $8.00. Effectively at $3.85, they are down 30c from
their highs.
You should have recieved a new security holding notice from the registrars
telling you of your new holding.

regards
Roger Palmer

prhughes@value.net.nz wrote:

>         A few days ago Cavalier was $8 now down to $3.85. Was there
> perhaps a stock adjustment or worse 'bad news'. If you know the
> reason could you please let me know.
>
> Thanks
>
> Bill
>
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