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Forum Archive Index - October 1999

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Re: [sharechat] TELCA - Warburg Telecom


From: "Joe Spooner" <joespooner@hotmail.com>
Date: Thu, 28 Oct 1999 11:12:42 NZDT


Thanks very much Shamin. I noticed that there was a large spread on bid - 
offer prices. They look like a good buy though.

Joe


>From: "Shakur, Shamim" <S.Shakur@massey.ac.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: "'sharechat@sharechat.co.nz'" <sharechat@sharechat.co.nz>
>Subject: [sharechat] TELCA - Warburg Telecom
>Date: Thu, 28 Oct 1999 09:54:36 +1300
>
>
>TELCA represent Warburg Dillon Read Installment Receipts over TELECOM
>ordinary shares.
>
>The final installment payable is NZ$4.70 and is due on 01/09/2000.
>
>TELCA provide good leverage opportunity over its head share, but the market
>is rather thin on these Installment Receipts and the bid offer spread is
>usually wide- something to consider before putting money in!
>
>Cheers
>
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