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Re: [sharechat] ITC - Exo-net expansion


From: "Brian Gale" <brigale@i4free.co.nz>
Date: Thu, 27 Apr 2000 19:00:50 +1200


What happened to your ITC holding Osbert ? Did you sell out at some stage ?
 
Regards
BG
(bought in @ 40c)
----- Original Message -----
From: Osbert Sun
Sent: Monday, March 27, 2000 2:47 PM
Subject: [sharechat] ITC - Exo-net expansion

The expansion of Exo-net, 35% owned by ITC, to Sydney and Singapore with $1 million capital injection by the two newly-appointed management teams, should be viewed as a postive step adding to the values of ITC investments. Yes ITC had a bumpy ride last week due to large sell-outs by some investors. However, the market stand of S.C.I has to mean something to the existing shareholders of ITC. I do see that at the current level, ITC shares are attractively-priced.
 
Kind regards,
Osbert Sun
 
(Disclousre of interests: bought 15K this morning @65c)

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