Loyalty :) is that re another 3.57% dilution?
Share Purchase Plan Loyalty Shares Allotted
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Loyalty :) is that re another 3.57% dilution?
Share Purchase Plan Loyalty Shares Allotted
I have informed the board of the NZSA and they are discussing the AGM being of a virtual nature.
I really do think NTL are on pretty thin ground when they argue that travel restrictions due to covid are why they are having this virtually. I don't know of any travel restrictions currently operating in NZ.
https://www.stuff.co.nz/business/122...forum-comments
I could hazard some guesses as to "who thinks the jury is still out"
Well the stuff article makes it pretty hard to believe Bullish was not Matt Hills pen name, if the IP's matched up then it could be theorised that the poster could be someone in his household or someone with access to the NTL internet on site. However seeing as though Vince seemingly has confirmed he matched the emails sent by MH asking for IP addresses etc, and the email used to create bullish and this other account it makes it a huge stretch to think that someone has gained access to his account and posted since 2013, this along with NTL itself not denying the fact he posted and just saying they will look into whether he broke any laws. The only other possibility is that the person that emailed Vince was posing as MH in order to get peoples IP and send some threats of litigation, but i think this is a stretch also.
I looked through the holding thread when it was open for access and while I will admit I know virtually nothing about the laws that could have been broken here, it was clear that Bullish's posts were intended to paint the company in a much more positive light than was sentiment at the time, to the point of being pretty self congratulatory. The lack of clear condemnation from the NTL board for his actions speaks volumes really, laws broken or not its a terrible look. This along with moving the AGM to a virtual setting makes it seem like the board is prepared to put MH well before the shareholders, and gives the impression that they are running this like a small private venture between mates rather that a publicly listed company that has lived off of Capital raising while continually failing to meet targets that they set themselves.
I do however find it hilarious if it is him he was found out in some weird attempt to litigate people in here making negative/derogatory posts about the company (I assume and hope that these details would not be given out willy nilly). It now makes it pretty hard for him to turn around and say that he doesn't believe his positive posts were intended to increase the SP or change opinions on the company, when he obviously believed that the negative opinions on here were serious enough to warrant litigation.
I think NTL needs to come out and say whether the posts were him or not unequivocally for a start, its up for the FMA to decide whether his posts broke any laws but its up to the company to be clear to shareholders on whether it was in fact MH or not.
Disclosure: Smallish holding and not planning to sell, my old boy used to tell me before we would go to the casino "If your not prepared to throw the money out of the car window before you get there, then you shouldn't take it to the casino" to me its a side gamble, nothing more nothing less.
This thread is going to go very silent with no so-called good news just round the corner from Jonu. I see he too, is banned. How will i know when to throw more good money after bad.
What Jonu got banned too? I knew he/she was optimistic, but everyone (bar those in the know) have the right to an opinion.