Of the 14.8m shares sold by Milford, 8.6m was listed as a "transfer" rather than a sale, and took place on Friday at 75c. Not sure exactly what "transfer" means in this context. A negotiated off-market deal? A transfer to the ASX register?
I would think the hold up at the talks at the mo is because FF/Deans are talking to the shareholders like Milford ACC and NZSF about what sort of price they would be happy to sell at.
Of the 14.8m shares sold by Milford, 8.6m was listed as a "transfer" rather than a sale, and took place on Friday at 75c. Not sure exactly what "transfer" means in this context. A negotiated off-market deal? A transfer to the ASX register?
Prob the shares they had as part of the Mercer mandate and 'transferred' to whose doing the Mercer stuff now
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