I took up the bonus shares.
Does anyone know when will they be allocated? Do they show up in our account on the 2nd of June?
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I took up the bonus shares.
Does anyone know when will they be allocated? Do they show up in our account on the 2nd of June?
Looks like shares allotted on 10th June. See p4 in this link
https://www.nzx.com/files/attachments/235187.pdf
Not a bonus issue. I had to pay for mine!
Shares to be allotted 9 June. Trading to commence 10 June.
Thanks everyone! I missed that bit
Yep you're right macduffy - I worded that wrong...
Still the price is below market so I'm happy to have a small gain
Annual result is out and it appears the market thinks a 13% increase in NPAT is not enough.
Bit of a worry for the reporting season if that applies to all companies on the NZX!
Sure, that's the big conundrum of expectation vs actual. And the way things are going on NZX of late if not all most of stocks either fully priced in or close to. Will be interesting to see when other big ones start reporting later this week or next week.
Sorry to be bit off topic, I know this is SKC thread.
I'm afraid couldn't answer that question as I don't own any SKC shares nor do I follow their numbers. However, my comments were more along overall market sentiment not just SKC. Another anecdotal evidence can be found in the way PGW price moved before and after the result.
I guess Balance has a more valid point from his post earlier re SKC.
I wouldn't be too concerned, SKC has risen from around $4.40 at the end of July! A classic case of over-expectations!