Forum Archive Index - November 2003

["James Sherbert" <james_sherbert@hotmail.com>]

Does any one know anything about this sealegs lark that ITC are backing 
into? Apparently there are orders for the $79000 rubber duckies. Cheaper to 
buy a small tractor and a decent trailer....

Also, what exactly is a $500,000 rights issue supposed to achieve. Barely 
enough to cover overheads and listing cost let alone run a boat building 
operation. Beats me what these guys are up to.

JJJ


>From: <philip@goodreturns.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: "Sharechat@Sharechat. Co. Nz" <sharechat@sharechat.co.nz>
>Subject: [sharechat] ITC Date: Thu, 6 Nov 2003 07:49:51 +1300
>
>Those who hold ITC shares (my commiserations), might be interested to know
>that DVI are now taking pre orders for their 18" mld.
>www.deepvideo.com <http://www.deepvideo.com>
>This could explain the recent easing of sell pressure on this stock.
>(Could also be due to the rights issue which should bring most pundits "buy
>in" price down to a more attractive level).
>Fingers crossed the courtcase with PowerBeat ends in ITCs favour- could
>finally mean a steady income stream for ITC....
>We live in hope hey ?
>
>cheers
>
>Barrel Scraper
>

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