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Forum Archive Index - November 2000

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[sharechat] Daily ShareChat News Summary

From: "Ben Dutton" <>
Date: Tue, 28 Nov 2000 08:08:56 +1300

Hi everyone, here's the summary of the ShareChat News from yesterday.

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Yesterday's ShareChat News:

Qixel Listing Cancelled in Tough Tech Market

The Eric Watson-related internet investment company, Qixel Capital, will no
longer seek a Nasdaq listing and is transferring its Australasian tech
investments back to its principal shareholders.


First Quarter Beats Budget at W&K

The positive news from New Zealand's rural companies continues with Williams
& Kettle announcing it has had an upbeat first quarter.


Time Extension for Lion-Montana Decision

The Commerce Commission has asked for more time to consider brewer Lion
Nathan's request for clearance to buy all of wine maker Montana.


Telecom Unveils Trans-Tasman Structure

Telecom has moved quickly to join its New Zealand operations with its newly
acquired AAPT business in Australia, announcing two newly merged businesses
and replacing the current AAPT boss with a Telecom executive.


Otter Consolidates in "Disinterested" Market

Listed gold miner Otter Gold says it will look to consolidate its business
during the current financial year following its disappointing rights issue.


The Investor Column: Watch Out For Dodgy Directors

New Zealand companies don't make money because they have bad managers and
directors. That is an opinion commonly given by international commentators
to explain why so few companies in this country consistently build wealth
for their shareholders.

Best Regards

The ShareChat Team

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