Sharechat Logo

Forum Archive Index - September 2000

Please note usage of the Forum is subject to the Terms & Conditions.

 
Messages by Date [ Next by Date Previous by Date ]
Messages by Thread [ Next by Thread Previous by Thread ]
Post to the Forum [ New message Reply to this message ]
Printable version
 

Re: Re: [sharechat] Newcall constraints


From: "Steve Moxham" <stevemox@e3.net.nz>
Date: Fri, 29 Sep 2000 11:53:19 +1200


I have some further info.
The shareholders involved in the reverse takeover of NZ Salmon were restricted from trading their shares (issued at 11c) for a period of one year. Likewise, the companies acquired by NGL for the consideration of shares were restricted from selling for a period of 6 months. (issued at up to 50c per share) In all, a total of 70 million shares come off their constraints, however at the current price of 14c per share the company is not expecting anyone to sell down their holding.          
 
 

 
Messages by Date [ Next by Date: Re: [sharechat] BIO Shares - Help? Deb Anderson
Previous by Date: [sharechat] New NBR articles online now Will Bryant ]
Messages by Thread [ Next by Thread: [sharechat] Spectrum Auction charlie brown
Previous by Thread: Re: [sharechat] Newcall constraints charlie brown ]
Post to the Forum [ New message Reply to this message ]