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[sharechat] OWENS SHARE PRICE RISE.

From:	"Duncan MacGregor" <d-m_macgregor@xtra.co.nz>
Date:	Sat, 25 Jan 2003 14:53:35 +1300 (New Zealand Daylight Time)

I must be pretty thick for I cant figure it out. Why would a company with dropping profits sell out the one part of the business thats trading best. The other thing I dont understand is why the share price shot up 12.6pc in 2 days. It had the opposite effect on me I wouldnt consider buying in. I realise they expect to get 50 million for hirepool but do the shareholders expect to get there hands on some of that because otherwise I can only see things going from bad to worse businesswise. Take over perhaps or what, explanation greatly appreciated. MACDUNK.

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