Originally Posted by
Major von Tempsky
In any case if it went down too far the Spark buyback would kickback in - anyone work out what the trigger price is for that? $2.72 or thereabouts? I agree with Couta1, the turnover in Spark is normally larger than in Fletcher and the Fletcher share has been rather overvalued for years. Would you park your money in a stock that is overvalued on fundamentals....Not me!
A hoary old rule is that if a stock is going to report earlier than usual (Spark) then it usually means good news....let's hope that that holds!