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  1. #11
    Legend
    Join Date
    Dec 2009
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    What is the notional value of the added creative wealth of original holders - manufactured
    by virtue of slapping this one up on NZX ?

    Let's face it - it would be hard not to find in any of these new listings some manufactured creative wealth
    at the time NZX press the start button, after the fancy moneymen have done a bit of polishing the job

    Whether humungous manufactured intangibles, freebies dished out to friends & associates
    or an outfit leveraged up to just below it's eyeballs - you know, all the tricks orchestrated
    by the fast moneymen and at times slippery corporate advisers

    HMY or MFB would be a great examples of how it may turn to custard in months/years after listing
    as the SP starts spiralling downwards on less than mediocre results or other conditions etc
    Last edited by nztx; 19-12-2022 at 11:57 PM.

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