Forum Archive Index - January 2001

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Re: [sharechat] WORK. AT THE COAL FACE- Investment results (3)

From:	"G Stolwyk" <stolwyk@wave.co.nz>
Date:	Tue, 30 Jan 2001 16:58:45 +1300

Amendments to results which were issued earlier today:

Item 1:"Price now"; AFF: Enter"0.42".B1 to read "$NZ 29.93".

Item 2: "Today's value ( B1+B2)" to read "$NZ 57.40".

"Increase" to read "17.1 %".

Notes: LACO was "mispriced" when it was bought, ie. the price in relation to LAC, was too low!. Hence my reference to a 2.5 times weighting.

If that were applied, then the total valuation would have increased by another 6 %! We shall ignore this in the meantime.

Summary of increase in valuation over time:

Date Period (days) Increase in value( %)

Dec.5, 00(bought) 0 0

Jan. 3, 01 29 7.5

Jan.21. 47 11.5

Jan.30 56 17.1

Gerry

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