Forum Archive Index - January 2001

["Malcolm Cameron" <malharcameron@hotmail.com>]

from malcolm cameron malharcameron@hotmail.com
john the amount of shares they buy back each day seems to be the only thing 
supporting the price at moment so if somebody starts buying they stop and 
your back to share one also the reduction in shares issued makes a 
difference to the price paid if it so much a share
malcolm this is my thoughts


>From: "John and Beth Schwartfeger" <timestwo@xtra.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: <sharechat@sharechat.co.nz>
>Subject: [sharechat] News and the perception of.
>Date: Mon, 29 Jan 2001 14:36:47 +1300
>
>Hi folks.
>Well. The news I read in here this morning on CEN made me think that maybe 
>the price of CEN could be in for a rise on the strength of the rumours in 
>the article. Well, that was my thoughts as I felt the scenario being spoken 
>of, of CEN being sold and prospective buyers all cash rich possibly wanting 
>more of a share, would have been a booster for the share price. I know 
>today is a holiday in Auck and turnover is very light at the time of 
>writing this, but it appears the news I thought might be positive is in 
>fact being viewed as negative???  Any thoughts as to why I am so back to 
>front??
>Thanks...John.

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