Noble China (NMO) on TSE. Chinese Brewery Stock Message Board

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Gold/Mining/Energy : Noble China (NMO) on TSE. Chinese Brewery Stock

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To: 1st.mate who wrote (114)	3/17/1999 7:12:00 PM
From: Ciao	Read Replies (1) of 248

1st mate, don't get paranoid. NMO has no reason to hold down the stock. Companies are under no obligation to buy back shares under a normal course bid. Instead of buying back all those shares, NMO could have given a dividend say of .20 and adopt a regular dividend paying program. That would definitely boost the stock and attract some mutual fund players.

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