well it makes for a very interesting day tomorrow
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well it makes for a very interesting day tomorrow
IMO, the Labour/Green coalition acted shamefully in this whole process as well. For maximum machievellian political impact, they waited for the last minute to announce their power policy thereby lowering the price achievable. They then claimed MRP was sold off too cheaply! Although they have been quiet on that front recently...
Overall, the whole sorry process has done nothing to encourage NZ Mums and Dads back into the share market and politics on all sides has shown us why Kiwis will continue to invest in rental real estate as overwhelmingly their main investment.
There's something not right here. At $1.55 the shares were always going to be sought after. It appears Mum and Dad (and me) were last in line.
A bit of false advertising on the govt's part. I'd be keen to know how the people that went through brokers got on.
Fair enough. Mum and Dad did have a function - a hedge against instituions not being interested. Congrats to those who have a goog relationsship with a good broker.
I've just checked via the NZX site what my broker firm allocation was scaled by and it was exactly 20%.
Wonder if this was universal?
Couldn't see there what I got from the Public Pool when checking earlier today!
You guys should think positively - think how many bonus shares the government has saved by denying the mums and dads investors.
God you people moan and cry a lot.
Waaaaaaaaaaaaaaaaaaaaaa I thought I was the only one who spied value and now I can't get rich quick.
Waaaaaaaaaaaaaaaaaaaaaa this is the government's fault waaaaaaaaaaaaaaaaaaaaaa I'm so upset because I'm a mum and/or dad and now I can't stag as much as I wanted so I'll pretend I wanted to hold long term to stop shares being sold overseas.