http://nzx-prod-s7fsd7f98s.s3-websit...814/314941.pdf
Sheds some light on who is selling into the bidding.
What will be far more interesting is the forthcoming notification of who is buying.
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http://nzx-prod-s7fsd7f98s.s3-websit...814/314941.pdf
Sheds some light on who is selling into the bidding.
What will be far more interesting is the forthcoming notification of who is buying.
Beagle be proud of Caltex Board ...telling a suitor to bugger off ....they come back with a better offer ....another bugger off but allowing them access to some non-public info encouraging them to offer even more ....and make things exciting enough that another player is really keen as well.
Way to go
MET boards effort https://www.youtube.com/watch?v=NeAlghzfbec So far they've shown about as much fight as a tired old Labrador looking for a tummy rub.
One of Devons bigger holdings along with A2
Their last update -
Our recent investment in Metlifecare benefited from the announcement that they had received a non-binding indic- ative offer for the company (its shares finished the month up 21%). Our view is that this business has been notably undervalued for quite some time, rel- ative to both its listed peer group and its underlying asset value. A local investment bank has been appointed by Metlifecare to consider the proposal and we expect to hear further commentary from management and/or their Board in the coming weeks. Irrespec- tive of how this corporate activity develops, we are confident in this invest- ment due to its high-quality portfolio of retirement villages and the growth opportunities that exist in the sector
Thanks for sharing that Winner.
Another 3.1m shares, about 3% of the free float changed hands today. Plenty of punters cashing up early and moving on to what they think must be greener pastures.
A "dogged approach"is what's required here.
Happy to take the coin and exit, bit of upside here unlike most of the overcooked NZX ,excepting the likes of A2 which is yet to have its run up.
NZ herald always gets a little overexcited, Auckland prices are -0.1% for the year according to today's data, annual changes will remove seasonal influences. Good sign, but a little early for excitement. The country as a whole is +4% for the year which is pretty respectable.
Bit quiet on the MET front so far today
Fundies probably still interested in anything that makes a positive so could start buying up big again....even more so as markets come under pressure from escalation of war like activities ...but then again that might be an adverse advent that allows EQT to walk away
Jeez ...that would be a disaster —- in more ways than one