This is the real world where real deals get done.
Says to me that TIL needs CITIC at this stage of the game more than CITIC needs TIL - so take care, everyone!
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Wait, what happend with tower 'in the end'? hmm...
With a questionable outlook and consistent "growth is just around the corner" mantra, shareholders have been handed a get out of jail free card, with an offer price much higher than where TIL has been in many of the past 12 months... up to them if they accept it or not
Wouldn’t say defending them ‘vehemently’ but we need to accept that Schemes of Arrangement by their very nature are reasonably ‘friendly’ (for want of a better word) as opposed to say a hostile takeover.
That’s how real deals are done - I don’t see this deal see as that unusual in the way it’s being handled.
You obviously view it differently and that’s your perogative.
Will be interesting to see how it turns out
Funny but I thought you were writing about PEB!
'Profit' and 'growth' and 'tens of thousands' around the corner - been 4 years of that same story repeated over and over and over, plus numerous capital raisings!
What is sauce for the goose is not sauce for the gander? :D
Australian ethical investments could be the stumbling block to any takeover will work out what their average buy in price is tonight.
interesting off market trading largest volume day in 3 months who is hovering up the shares and who is selling
Grandeur Peak couldn’t resist taking profit ......wonder if they still selling
But then we want to know whose buying ....trying to block the sale .....hope not
HY report is out: http://nzx-prod-s7fsd7f98s.s3-websit...272/272201.pdf
No mention of the proposed takeover offer the directors have to support, however - sounds like we are still "valued share holders" (or have been at the time of them signing their report - December 6th) - I feel already much better!
Ah yes - and Ecoya seems to do quite nicely after their relaunch in October:Quote:
On behalf of the Board and the management team, we
wish to thank you, our valued shareholders, for your
continued support as we execute on our commitment to
creating a high value business of real scale
Good idea to create with candles and fragrances a "digital customer experience" Much safer in case the candle containers crack again ...Quote:
ECOYA.com was relaunched in October 2017 and delivered
a much improved digital customer experience. To date, sales
have reached record amounts for the channel, adding to the
Group’s overall success.
Not quite sure, though, why the report is tagged as "price sensitive". Not much new stuff in it - but the great Ecoya success. Well, maybe that's it ...