Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.


188 posts

Master Geek


Topic # 8529 7-Jul-2006 12:33
Send private message

According to the company registry, ACC has 3,000,000 out of 64,081,612 shares in Woosh??? WHY??

Create new topic
19282 posts

Uber Geek
+1 received by user: 2600
Inactive user


Reply # 40626 7-Jul-2006 12:40
Send private message

Really


27065 posts

Uber Geek
+1 received by user: 6508

Moderator
Trusted
Biddle Corp
Lifetime subscriber

  Reply # 40628 7-Jul-2006 14:02
Send private message

And?

ACC is a large investment company who have somewhere in the region of $6 billion invested both onshore and offshore. The Government has given ACC a mandate of having reserves of around $10 billion by the end of the decade and they are certainly on target to get close or surpass that. The whole no fault concept of ACC is unique in the world and the only reason we have the company is because of the success of their fund managers.



278 posts

Ultimate Geek
+1 received by user: 7

Trusted

  Reply # 40629 7-Jul-2006 14:17
Send private message

Definetly smart investing. Woosh is an accident waiting to happen.





Nate wants an iphone
3901 posts

Uber Geek
+1 received by user: 28

Mod Emeritus
Trusted
Lifetime subscriber

Reply # 40631 7-Jul-2006 16:20
Send private message

Thats part of the game when investing... you win some, you loose some.

If you spread your investments out enough, having one poorly performing investment isn't the end of the world. They no doubt have some investments that are doing quite well which would compensate for the woosh shortfall if any. 




webhosting |New Zealand connectionsgeekzone IRC chat
Loose lips may sink ships - Be smart - Don't post internal/commercially sensitive or confidential information!


Create new topic

Twitter »

Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:



Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.