Forum Archive Index - April 2001

["G Stolwyk" <stolwyk@wave.co.nz>]

 

Readers,

 

Please refer to my post of March 30: " RBC>> Rubicon>> competition>> Discussion "

 

It states that 111 mill. RBC shares were traded last week: RBC has approx. 350 mill shares and AMP took 10.75 %.

 

This week, the turnover was 42.7 mill, the lowest on Monday ( 2.4 mill ) and a high 18.9 mill. on Thursday.

 

That could lead to RBC having several large shareholders! They will not only lock up a lot of shares - and increase the chance of better share prices - but could have enough clout to induce the Directors of RBC to make capital repayments in the future.

 

The share price rose two cents this week to 46 cents today.

 

As to FFS / FFSPA , a large parcel of 11 mill. FFSPA shares were sold today, while 2.5 mill FFS were traded.

 

 At this stage, trading is normal and the stocks tend to hold their price - 32 cents - quite well: holders are waiting for developments!  

 

Gerry