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Re: [sharechat] Eliminating James' AQL confusion


From: James Webb <James.Webb@xtra.co.nz>
Date: Tue, 29 Feb 2000 20:10:17 +1300


Thanks for that.  I am a beginner in the market and I am starting to realise
that reading between the lines is MORE important than the lines themselves.

Cheers, James

simon dallimore wrote:

> James,
> Be confused no more. If you delve into the AQL shareholders document
> recently sent to you, you will see the following paragraph which explains
> why AQL intends to sell its Bliss shareholding.
>
> "Although the Aquaria 21 directors believe that Bliss will be a very
> successful aquarium operator, they do not see any long-term benefit in being
> a holder of a minority interest. They believe there are many opportunities
> in the current business environment to which shareholders' funds can be put
> to better use."
>
> In another section, we read:
>
> "The directors consider there are a number of business opportunities
> currently available that can offer potentially greater returns. They intend
> to investigate these and bring a proposal for shareholders to consider as
> soon as practically possible."
>
> So I hope the situation is a little bit clearer now.
>
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