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  1. #2861
    Speedy Az winner69's Avatar
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    Quote Originally Posted by sb9 View Post
    Deadline pushed out to until 7pm tomorrow, I think they're negotiating finer details with the big boys. My read is that the deal very much on.
    Just crossing the ts and dotting t and I and getting final legal signoff and it’s all on again

    Shareholders won’t reject the second time

    Wonder how much price over $1.50?
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  2. #2862
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    Quote Originally Posted by alokdhir View Post
    Thats what I will also assume from today's further extension ...maybe something over $ 1.40 on cards ...just like an informed gamble today !!!!
    Gotta be 1.50 plus to gain any traction. Remember 1.40 plus is only few cents up from current offer of 1.34. That won't make big boys excited at all.

  3. #2863
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    Quote Originally Posted by winner69 View Post
    Just crossing the ts and dotting t and I and getting final legal signoff and it’s all on again

    Shareholders won’t reject the second time

    Wonder how much price over $1.50?
    Yeah more like 1.55 me thinks.

  4. #2864
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    Quote Originally Posted by sb9 View Post
    Gotta be 1.50 plus to gain any traction. Remember 1.40 plus is only few cents up from current offer of 1.34. That won't make big boys excited at all.
    I was trying the most conservative estimate to see upside vs downside risk at today's price ...also middle of independent valuation range will be around 1.43 or so

  5. #2865
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    Quote Originally Posted by sb9 View Post
    Yeah more like 1.55 me thinks.
    I'm hoping you're correct sb9

  6. #2866
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  7. #2867
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    $1.42 Yeah / Nah .. Nah .. might require another shake of the giving bowl to look
    more respectable

  8. #2868
    Speedy Az winner69's Avatar
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    Quote Originally Posted by nztx View Post
    $1.42 Yeah / Nah .. Nah .. might require another shake of the giving bowl to look
    more respectable
    Don't think your NO vote will make any difference

    Give credit to the Board ... they seem determined to sell the company and they have succeeded eh

    and $1.42 is HUGE compared to $1.06 when first offer made ... take it and run ... remember all the company's forecasts are very optimistic

    Even the NZX owned funds voted FOR the first time to lose another listing of the NZX
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  9. #2869
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    $1.42 is OK I guess. Glad I added more at $1.12 last week.

  10. #2870
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    Quote Originally Posted by alokdhir View Post
    Thats what I will also assume from today's further extension ...maybe something over $ 1.40 on cards ...just like an informed gamble today !!!!
    So my estimate of offer was pretty much satisfactory ...lol ...Sold and run as fast I cud ...lol

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