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Old 13th April 2002 | 20:31
  #8 (permalink)  
2 six 4
 
Joined: Sep 1998
Posts: 272
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From: UK
Their statement said that they were writing off the £7m investment in the books as they saw no early expectation of a return therfore it becomes a pure cost written off against tax. they expect to make a profit on their £7m from the rise in the overall value of NATS ... sometime in the future !

They state, along with other airlines, that the investment was not a commercial but strategic one. Presumably stopping other buying NATS and acting against thir interests.

Can't wait for my next allocation of shares !!
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