Skyline

[D_Pick]

Percy you make a good point about the minimum shareholding (4000 shares which is circa $24k at todays price). Wonder when this min holding size rule was initiated, assume it may have been back when Gonzo first purchased shares for $1. Skyline could probably increase their liquidity quite a bit if they reduced this down to around the 500-1000 holding size.

They also have a couple of international luges in Singapore and Canada. Wonder how scalable the luge product is globally?

[percy]

Percy you make a good point about the minimum shareholding (4000 shares which is circa $24k at todays price). Wonder when this min holding size rule was initiated, assume it may have been back when Gonzo first purchased shares for $1. Skyline could probably increase their liquidity quite a bit if they reduced this down to around the 500-1000 holding size.

They also have a couple of international luges in Singapore and Canada. Wonder how scalable the luge product is globally?

I think they are always on the look out for other sites.D Pick may I susgest you write or email the company to see if you can get the history of the company.Like I posted I have followed it off and on for years.They once owed a milk bar/cafe in Dunedin.One of the original guys was a chap by the name {I think] Hilton Hessley {yes I got it wrong] who built a house out of bottles.Thomas is a character,was at war with other owners of ChCh casino,but he always held the aces.A lot of commercial property came up for sale in Queenstown a few years ago.Everyone thought Thomas would bid for a lot,so were surprised he was not at the auction.He had others bid for him as he knew if he showed and bidded that would put the price up.I hope Gonzo can tell us a bit more of the history.

[Gonzo]

One of the original directors was Cliff Broad an entrepreneurial Invercargill accountant and as you say Hilton Hensman built the bottlestore and bulldozed the access track up the hill to the top of the gondola. I think Barry Thomas was a younger accountant in Cliff's Invercargill firm when he got involved. If ever there was a 'moat' around a company skyline has it in the form of the view from the top of the gondola, a licence to print money. Just like the parthenon in Athens etc. The shares are tightly held!