Bounty have already said they will compulsorily acquire if they got over 90% and they got 96% so they will take your shares and give you $1.23 like everybody else.
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within 7 days of it going unconditional
Instant gratification sorta society we've become . Now all profits go offshore, an iconic kiwi brand as well as all those farms land and facilities. will they also be bringing in cheap phillipina contract labour.? What we do best , produce food thats owned by overseas companies. What next, whats left. Any iconic brands left, not Watties.More dairy and beef and sheep farms, why not .US$ can pay more and put them out of reach of kiwis but who cares , Houses too why not, pushed prices up. Short termisim at work imo.
Profits go offshore? You are making a huge assumption of a one way traffic and sounding suspiciously like the NZ First broken record of xenophobic BS.
1. What about the monies paid to NZers for the businesses? Disappeared into thin air?
2. What about the bad stories where offshore companies end up losing big after buying NZ businesses? Examples - Yellow Pages, Fletcher Paper, Goodman Fielder, numerous meat plants and freezing works, Auckland CBD apartments by the hundreds of millions of dollars of losses etc etc.
In economics, it is all about optimization of funds - funds released through the sale of something could be used for something which the seller can add more value.
I would like to think so.
sayonara
LOUIS JORDAN Ain't Nobody Here But Us Chickens (1956)
May have to be KFC tonight followed by a Bounty bar - money in the bank !