On my watchlist again.
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On my watchlist again.
Only if the directors want that outcome. As per the 2021 annual report, the Chris's own 34.36m shares. In total the Directors own 36.5m shares.
With 159.5m shares on issue they are collectively at 22.9% and probably have a number of friendly shareholders in the register. IMO You won't get a successful takeover without them deciding to sell out.
But, if the offer is sweet enough, I'm guessing they would sell and move on to another project.
Interesting trading depth on ASX, someone is keen...
Looks like bit of dump y'day on ASX...
Interesting Announcement - Sale of NZ Business:
https://www.nzx.com/announcements/397868
Possible Next step - migrate solely to ASX and drop NZX listing, or not ?
dumb... selling right at the wrong time. Doubt there will be anymore lockdowns and well the teacher shortage.. cant see it getting any worse. only better..
looks like they are getting a good price for what it is. However its potential worth is much more. guess they tried. good luck in Aus. another company gone. bye
Great move. Excellent timing as they can deploy capital to AUS while general sentiment is still bearish waiting for interest rates and inflation to peak and European geopolitics to settle. Our govt should have followed Australia's approach during covid by giving more support to preschools. They dropped the ball on ensuring we had enough staff coming in and preschools had to close or limit numbers of children. I predict the price will double by the end of 2023 as we purchase more Aus preschools.
Could have got worse: https://www.stuff.co.nz/national/edu...rning-provider