Forum Archive Index - June 2000

["Phil Boeyen" <pboeyen@sharechat.co.nz>]

Hi Steve

 

Have just spoken to FEG.  Net investment in Capstone now is around the US$5M mark.  Total investment about US$25M, but they have had US$11M repaid for marketing rights.

 

Capstone price originally marketed between US $10-$12, rerated to US $14-$16.  First trades at $27 and ended day US$47.98

 

Hope that helps.

 

Phil

 

Phillip Boeyen
Business Editor, ShareChat
Email: pboeyen@sharechat.co.nz
Tel: +64 3 3745682
Fax: +64 3 3653867

 

 

----- Original Message -----

From: Steve Moxham

To: sharechat@sharechat.co.nz

Sent: Friday, June 30, 2000 1:40 PM

Subject: [sharechat] FEG & AQL

Some good movements today adding a bit of spark to an otherwise moribund market.

FEG has had a good rally in the wake of their announcement. Does anyone know how much they paid for their original stake in Capstone? As of yesterday's NASDAQ listing it was worth $820m.

What about AQL? Hit a low of 3.5c earlier today down from 4.8c yesterday. Would also like to hear the outcome of the AQL meeting. Time to accumulate or time to dump?