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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: SEC-ond-chance who wrote (88743)	12/15/2004 12:24:10 AM
From: SEC-ond-chance	Read Replies (17) \| Respond to of 122087

"New Tel has the potential to become the America Online of Asia", Mr Dirks said at the time "Ray Dirks just made people aware that New Tel is as big as China.com and Yahoo", two of the region's leading internet businesses, said Robin Armstrong, the corporate head of stockbroker Findlay & Co. Q: SO WHY DOES A NASDAQ Small Cap ADR go from trading 10,000 shares a day to 10.9 million shares a day (1-4-2000) and hits an intraday high of US 51 dollars? and gets HALTED BY THE ASX and NASDAQ A: RAY DIRKS GOES ON CNN JAN 3 2000 after market close New Tel Ltd (NWL) – Charges Ahead on Media Hype January 6, 2000 Junior Perth telco New Tel Ltd had its trading halt lifted today after announcing to the ASX that it could not offer any other reason for its price surge other than an increase in media coverage of the company’s operations, including a report on CNN. Trading in the shares of New Tel was halted before the local market opened yesterday pending an announcement by the company. The shares reopened this morning at $4.00 after closing at $2.17 on the 4th of January. The buying was fuelled following an address by the company's chairman Harry Sorensen at its extraordinary general meeting in Perth on New Year's Eve. However, on Tuesday night, trading in the US sent New Tel’s American Depositary Receipts up $US23.28, or 283% to a close at $US31.50. Previously, the shares touched a high above $US50. The Receipts are equivalent to the Australian shares on a conversion ratio of 10 ordinary shares per Depository Receipt. The last US close gives the stock an indicative value on the Australian market of more than $4.80. Mr Sorensen told shareholders at the company’s extraordinary general meeting that New Tel was set to become an ISP and Portal in China, the fastest growing Internet market in the world. However, this was not anything that the company had not already released to the market, and the surge in the company’s shares has received a stern response from the ASX’s surveillance team. Besides querying New Tel’s extraordinary price movement, the ASX also queried New Tel on a news item which were reported to have been carried by The West Australian newspaper and The Daily Telegraph newspaper yesterday. The Daily Telegraph reported that the share price leap came after a New York analyst, Ray Dirks, endorsed New Tel on an American financial news television channel. The company was unable to confirm whether this was true or not as it had been unable to obtain transcripts. The company also said it has been unable to obtain transcripts of a reported news article carried by broadcaster CNN.

To: SEC-ond-chance who wrote (88743)	12/15/2004 10:02:05 AM
From: StockDung	Respond to of 122087

A lot of fuming over gas Teresa Ooi December 01, 2004 A DEFENSIVE Domenic Martino, executive chairman of Sydney Gas, yesterday faced angry shareholders who accused him of being dismissive of community concerns over the company's drilling of methane gas wells on the NSW Central Coast. At a heated annual general meeting, Mr Martino side-stepped questions about the risks of pollution to the water supply at Wyong Shire where Sydney Gas plans to drill 200 wells. Chief executive Bruce Butcher said he would "put up with the inconvenience" of having a gas well in his backyard. None of the company's board of directors lives in the suburbs of Camden, Wyong and the Hunter Valley where Sydney Gas is drilling 800 wells, raising environmental concerns among residents. Television host Ray Martin was at the meeting. So was businessman Jim Byrnes, who told a shareholder to "shut up" and not interrupt Mr Butcher. Several residents of the Dooralong and Yarramalong valleys bought shares in the company so that they could attend the AGM. Mr Martino and Mr Butcher came under attack for their exorbitant remuneration packages, which one shareholder described as "absurd". Mr Martino is paid $1.5 million, including 560,000 share options and a bonus of $300,000. Mr Butcher is on a $1.9 million package with the same bonus and share options in addition to $80,950 non-monetary benefits and $45,000 in superannuation. The fact that Mr Martino is paid more than BHP Billiton chairman Don Argus seemed of little concern to him. "I think I'm fairly paid. A large part of my package is related to share options which are subject to a performance hurdle - the company must achieve $70 million in sales." Mr Butcher said he was "well paid and not overpaid".