The Kiwi love affair (and tax system bias) with real estate means there is precious little left over for other investments.
Disc: I am hoping to remain a LT holder in ATM
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very.....so, it's exclusive, confidential, subject to no dilution in meantime, no price, DD yet to be done. And the board don't see a takeover as imminent......
a perfect scenario for the board to give it a few days to ramp the price, then say F off, we're doing a CR at a much higher price than last week.
Snaps was very wise to hedge his bets
It's a tough call really - you could get taken out at a lousy price relative to the long term, or you miss out on this spike, then get diluted at an 'orchestrated' price.
keep an open mind shareholders......
I dont hold, so this is an outsiders view, and unbiased
For those of us that bought at 90c its just a matter of hanging in and seeing what transpires as selling on this spike still realises a reasonable loss. Disc-Long term holder
True but it might be the best drinkable investment we can find on this island at present.
price probably between $1.50-$2
Me to, a good couple of weeks work that was
Re cap raising, obviously need cash ..... Won't that get factored into what any prospective acquirer thinks the company is worth ......and hence into what any offer is worth.
Maybe we are stupid snaps and just don't get the reason for them mentioning the cap raising.
Price now less than it was on listing day on ASX, if there is a serious bid, it will be much higher than todays price.