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21-05-2024, 05:07 PM
#3271
Originally Posted by causecelebre
Looks sketchy as. You would think someone with his experience in capital markets would know this....and for a "paltry" $700k?
I think it's more about his association. He had a responsibility as a board member and on several committees whilst other directors sold hundreds of millions of stock.
It gets interesting in the fact the share price has risen since. Is the shareholders argument that the the directors speculated that it was detrimental to the share price even though in hindsight it wasn't.
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21-05-2024, 05:08 PM
#3272
Originally Posted by causecelebre
Looks sketchy as. You would think someone with his experience in capital markets would know this....and for a "paltry" $700k?
For The Keyster, That is just a few rounds of golf.
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21-05-2024, 05:10 PM
#3273
Originally Posted by Daytr
I think it's more about his association. He had a responsibility as a board member and on several committees whilst other directors sold hundreds of millions of stock.
It gets interesting in the fact the share price has risen since. Is the shareholders argument that the the directors speculated that it was detrimental to the share price even though in hindsight it wasn't.
Also I think Key’s emolument was in shares only, so he has to sell to get cash out.
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21-05-2024, 06:00 PM
#3274
Gez .. still so many political Key follower fanatics around even now .. after how many years ?
A shame that well crisped and charcoaled chips didn't seem to afford much after attention ..
Last edited by nztx; 21-05-2024 at 06:02 PM.
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21-05-2024, 06:57 PM
#3275
Do a Google search and it’s only in NZ with our woke media that the case receives coverage.
Zero coverage over here when the lawsuit against the company (not the directors/major shareholders) was signalled.
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22-05-2024, 07:05 AM
#3276
Originally Posted by Balance
Do a Google search and it’s only in NZ with our woke media that the case receives coverage.
Zero coverage over here when the lawsuit against the company (not the directors/major shareholders) was signalled.
He is an ex-PM who gets media attention when he comments on NZ’s politics. When he is involved in an insider trading case, it is NZ news.
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22-05-2024, 07:32 AM
#3277
Originally Posted by Bjauck
Also I think Key’s emolument was in shares only, so he has to sell to get cash out.
Sure, but what will be scrutinized will be the timing & if he knew anything material that wasn't public knowledge.
I would imagine his trade wouldn't have even been on the radar if if the other directors hadn't sold $100s of millions of stock.
I.e the association.
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22-05-2024, 07:38 AM
#3278
So its revealed that one of David MacLeod's $10k doners is a major shareholder in Trans Tasman Resources who recently withdrew from their decade long challenge through the courts to get approval for sea mining to opt for the Fast Track process.
Chair of the environmental committee David MacLeod. Are there other donors who are in oil & gas or related industries, other industries with substantial environmental impact?
This is starting to look grubby.
Last edited by Daytr; 11-06-2024 at 11:02 AM.
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22-05-2024, 08:13 AM
#3279
Originally Posted by Daytr
So its revealed that one of David MacLeod's $10k doners is a major shareholder in Trans Tasman Resources who recently withdrew from their decade long challenge through the courts to get approval for sea mining to opt for the Fast Track process.
Chair of the environmental committee David MacLeod. Are there other doners who are in oil & gas or related industries, other industries with substantial environmental impact?
This is starting to look grubby.
So what?
How is that any different from the Trade Unions donating and supporting Labour for Labour to pass anti-business laws.
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22-05-2024, 08:16 AM
#3280
Originally Posted by Bjauck
He is an ex-PM who gets media attention when he comments on NZ’s politics. When he is involved in an insider trading case, it is NZ news.
Of course it is.
But is it that significant that it's all front page & headline news to push the findings of disastrous Kainga Ora (huge impact on NZ) out of the headlines on the same day?
Perspective is what matters. Something our msm woke media still has no perspective on.
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