Yep, will be participating for sure
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Gaynor with history of salmon on NZX
NZ Salmon, Regai Salmon and NZ King Salmon …….and a tomato company …and throws in mention of Blue Chip, Aquaria, SeaDragon and other illustrious names.
Prob paywalled but interesting
https://businessdesk.co.nz/article/o...ainst-the-tide
Odd that the rights are not being quoted on either exchange.
Yes, seems strange they took this option.
Wonder how this affects the trading pattern in the head shares. How will typical (varying degree) late stage convergence of heads and rights prices not being possible mean that heads will remain higher than they would have?
We won't know.
Balance, what's your take on NZK? Do you hold?
JBS think salmon farming in aus is worth it and is willing to assume the risks associated with it
A company as big and burly as JBS is typically not interested in throwing its money behind marginal or uncertain businesses
https://www.abc.net.au/news/rural/20...stry/100584728