|Wed, 25 Apr 2001 21:30:51 +1200
Force's future under control of SKC is much brighter than its previous majority holder.FOR's recent bad performance is behind it.
The next news that may be pending (and weighing on the shareprice) is the settlement of the dispute between MTM and FOR.It looks very likely that this will soon be resolved in FOR's favor-should add some steam to the shareprice....
This year it has been announced that a leading lineup of movies are set for release-boosting profits.
The association with SKC (management) can only be positive and any identified synergies will benefit FOR.
Shamrock purchased their stake in FOR at much higher levels and they were reluctant (as were other directors) to sell to SKC-I believe they will hold during this low patch in performance of FOR.I doubt they will sell for the time being.
Shamrock appear to have been quiet during these recent happenings.
more purchased recently.