Topic: Where are our people from down under?  (Read 1171 times)

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Offline Jack Morris

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Where are our people from down under?
« on: January 17, 2005, 07:40:09 pm »
Yes, yes, I know. Your country and N.Z. are having a booming market and economy, and your version of the dollar rocks right now. Just tell me, how serious is Fosters in acquiring Southcorp? I would say since they bought out the only majority shareholders just last week before announcing they want it all right now that they are VERY serious, and they have the backing of some very high profile banks. Hey, more power to you Aussie shareholders for saying NO to a 51% profit buyout, most Yanks would jump on that. That being said, I'm throwing down a few grand on Southcorp at opening of market tomorrow and will wait and see just how much Fosters wants to have the world's fourth largest winery.  ;)

http://finance.yahoo.com/q?s=STHHY.PK

http://www.investopedia.com/terms/a/adr.asp

Since it is an ADR, I've included this site to teach those that do not know.  :)