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International Investing / Australia (All-Ordinaries)


Subject:  Re: ARP-business as usual. Date:  8/20/2002  8:18 PM
Author:  jono202 Number:  4889 of 6186

Any increase in liquidity doesn't enhance the company's performance one iota.
Also for knowledgeable investors it is also immaterial how much a share is actually valued

Those dam super managers I suppose are behind the push in ARP's case maybe it's justified when you look at the liquidity on a daily basis , but ARP's share price has in general performed very well so why rock the boat.

Maybe you gotta suspect some other motive, easier to float some shares at a price under $2.00 in OZ market , could have more expanstion in mind & that may again not be a bad thing, dunno but interesting motive given IMO.

Shares outstanding have increased a bit over last couple years but nothin massive , some funds have been selling down but again not to drasticly.

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