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Re: Re: [sharechat] SKC- Another good result!


From: "G Stolwyk" <stolwyk@wave.co.nz>
Date: Wed, 22 Aug 2001 09:07:15 +1200


Yes, I believe that a 2:1 or 3:1split is justified. 
 
As a consequence, we could see another 10% increase in price.
 
There could be some criticism about some of the smaller acquisitions at the Annual meeting. To announce a split then, would be good timing!
 
I believe that the price at this stage is stagnating somewhat and a share split will assist to overcome the problem of liquidity.
 
But an additional reason is to make any takeover by another company, expensive! 
 
A lower share price could also be more acceptable by the critics of gaming.
 
There we are: Three powerful reasons to have a share split; what is your comment, please.
 
Gerry
Holds SKC; I reported earlier that profit had risen by 16%; that should read 13%.

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