PBB pacifica group limited

the resistance charts, page-3

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    re:top 20 ..takeover talk confirmed 265 vwap but holding higher very well refer delayed intraday rising pennant shape


    10 April 2006
    NEWS RELEASE
    MARKET UPDATE
    Pacifica Group Limited announced today that following a confidential
    approach from an unnamed party, Pacifica is currently in discussions
    with that party. Those discussions could potentially lead to an offer or
    proposal being put to Pacifica shareholders which might result in a
    change of control of Pacifica.
    These discussions are preliminary and incomplete and no agreement has
    been reached. There is no certainty that agreement will be reached at any
    future time or that an offer or proposal will be put to Pacifica
    shareholders.
    Pacifica will keep its shareholders fully informed and a further
    announcement will be made in the event of any material developments.
    Released by:
    John MacKenzie
    Managing Director
    Pacifica Group Limited


 
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Currently unlisted public company.

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