Only a fool would buy an asset off Hart that he's been unable to sell to anyone else. He's simply too clever to leave anything meaningful on the table in terms of IPO pricing so its unlikely I'll even bother reading the offer doc's.
Only a fool would buy an asset off Hart that he's been unable to sell to anyone else. He's simply too clever to leave anything meaningful on the table in terms of IPO pricing so its unlikely I'll even bother reading the offer doc's.
You could always go with his son-in-law at Fliway instead :-)
Originally Posted by Roger
Only a fool would buy an asset off Hart that he's been unable to sell to anyone else. He's simply too clever to leave anything meaningful on the table in terms of IPO pricing so its unlikely I'll even bother reading the offer doc's.
Agree. I used to do a lot of pig hunting in the Carter Holt Harvey forests around Tokoroa before Graeme Hart converted most of it to farms and sold it off.
Carters IPO? – Graeme Hart’s Rank Group has hired brokers Barrenjoey and Forsyth Barr to start briefing investors about a potential A$1 billion float of its Carters building products manufacturing and distribution operations in New Zealand, the Australian Financial Review reported this morning. Citing fund manager sources, the AFR-$$$ reported the spin-off would be dubbed Building Supplies Group and had about $1.55b of revenue per year, along with earnings before interest and tax of about $150 million. It reported the float would be expected to raise more than A$500m with a valuation in excess of A$1b.
Last edited by winner69; 28-03-2022 at 09:28 AM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Originally Posted by Roger
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