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Thread ID: 79676 2007-05-28 08:33:00 Share chat.... andrew93 (249) PC World Chat
Post ID Timestamp Content User
553912 2007-05-28 08:33:00 Gidday

Re : Xero & sharechat.co.nz

Is anyone here a member of the sharechat forum at sharechat.co.nz? Any clues as to what has happened - all of the threads have disappeared and if you make a post nothing appears - it's as if every post is moderated?!?!? :confused: If they are going to be like that then sod it - I might as well post a thread here and get a discussion going.

Anyway, has anyone else looked at the Xero offer document? (From here:
www.xero.com)

Why I can't get past is the directors opted to split the shares pre-IPO to give themselves an average entry price of around $0.07 whilst they are selling new shares to the public at $1.00 each.

Does anyone have an opinion on this?

Andrew

{late edit : it looks like my posts have now appeared....nothing quite like batch processing huh?}
andrew93 (249)
553913 2007-05-28 08:36:00 If you can afford to loose $100 it could be worth investing in. Sorry I don't have an opinion as to why the directors get special treatment, it could be one of the benefits of being a director. winmacguy (3367)
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