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Gold/Mining/Energy : Noble China (NMO) on TSE. Chinese Brewery Stock -- Ignore unavailable to you. Want to Upgrade?

To: Mario Gallant who wrote (98)3/11/1999 12:19:00 PM
From: mick  Read Replies (1) | Respond to of 248
 
Volume is kind of small. Still, better than having it go down or do nothing.

Here is the way I measure it. The have $ 1.5/share in cash right now. They are getting $ 1 dividend from the main brewery. That is $ 2.5 cash value total. So, with an apology to Dire Straits, "get your money for nothing, get your brew for free"

Cheers



To: Mario Gallant who wrote (98)3/12/1999 1:33:00 PM
From: mick  Read Replies (1) | Respond to of 248
 
I can tell which broker they are not using to buy back - First Marathon.

They have been doing almost all the selling in the last few days - almost 50 K shares.

Till they quit doing this, it will be hard for a nice price run up.

Cheers


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