Forum Archive Index - June 2000

["Adam Rands" <adam@iguana.co.nz>]

I agree on your value arguments

Todays value traded was Liberty One 16th largest day in its 395 day history

That would rate today as a busier than normal day...

ADV got lots to gain from LIB assets in ZIVO/Clearview.. The three companies
together "ADV+Clearview and Zivo" would make it Australisia largest web
development company.

Somethings up and I smell a kiwi :)

Regarding TMN - A placement was done yesterday by Interswiess in Melbourne..
That could explain the pre market activity... Have been gutted ever since i
sold my TMN within a week of them listing.

Disc : LIB and ADV (not sure which way to play)


-----Original Message-----
From: Warner Lamb <cloud9@i4free.co.nz>
To: sharechat@sharechat.co.nz <sharechat@sharechat.co.nz>
Date: Wednesday, June 28, 2000 4:42 PM
Subject: Re: [sharechat] Liberty One - Anyone listening??


>Adam, although a significant volume,it must be kept in context with
>value.$$$ value.It is no use getting excited by huge vol in penny stocks.
>EG. LIB. April 60c   Vol  6m = $3.6m$
>    LIB.  June 20c   Vol 18m = $3.6m$
>
>This is especially so for a stock like Liberty which has consistantly
fallen
>since Jan.The Vol needs to rise with the falling price to remain even.
>The monetary value in my opinion is far more important.
>Saying that..This might be an indication of the bottom and % gains could be
>very nice with high liquidity like today.20c-22c a good buy?
>Traders would like this one.
>As for ADV..I wonder how stockholders would react to them taking over a
>sinking ship?
>More significant for me today was the one $3m pre market purchase of TMN
>(Telemedia)Now there's an eyecatcher with the small open float.
>
>
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