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[sharechat] ITC placed 10m shares at 29.3cents nz

From:	"Les" <openmind@paradise.net.nz>
Date:	Fri, 22 Sep 2000 13:38:41 +1200

ITC Placed 10m shares at 29.3c nz to an aussie listed VC investment company. In this sick looking market why wouldn't you wait?

ITC will defiantly be the most sought after VC in Asia. They will get to choose the best of the best investments because of there infrastructure, profile and magnificent results to date.

Geoff Dittus said just on 45% of ITC is now Overseas owned and recently indicated that increasing overseas ownership was a goal for the company. That's for very obvious reasons.

I wouldn't be at all surprised to see Stephen Tindall becoming a major shareholder as it was he that appointed Geoff Dittus to look after his interest in DVI. They obviously have a lot of respect for one another.

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