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Forum Archive Index - February 2001

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Re: [sharechat] WAM


From: "charlie brown" <gordy_gecko@hotmail.com>
Date: Mon, 26 Feb 2001 18:33:46 +1100


Quote: "The current contracts contribute less than 3% to annualized after 
tax earnings".  Hardly material information.

We all expect "the market place" to behave efficiently but none of us play 
by the rules acting on natural instinct when we disseminate information that 
is positive or negative - although not always in "the market place".

Lets not resort to "crying wolf" when we are not privy to information or 
each time someone sells their shares before an announcement is made.  Your 
time in the sun will come.

Charles




>From: "Brian Jones" <ibbij@hotmail.com>
>Reply-To: sharechat@sharechat.co.nz
>To: sharechat@sharechat.co.nz
>Subject: [sharechat] WAM
>Date: Mon, 26 Feb 2001 20:20:55 +1300
>
>
>Interesting to see WAM shareprice begin dropping at the opening this am.
>and reach $4.40,down about 10%, by 2pm. No indication as to why, until
>4.18pm a notice to the stock exchange appears.
>Just a little more evidence(as if we needed it)that the NZ market must not
>be treated too seriously.
>My advise would be, do your serious investing elsewhere.
>
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