When did APL go Ex for the Retail CI ?
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When did APL go Ex for the Retail CI ?
14 sept was the record date
NZSA not thrilled.....?
1. Munroe Lane Development (as set out in the Notice of Meeting).This resolution is to ratify and approve the agreement to develop and lease the development and toundertake the development. NZSA notes its ongoing concerns around the tenanting of the developmentonce completed.
Yeah, worth reading the NZSA notes concerning their proxy votes for the Special Shareholders meeting on 29 Sep.
Particularly relating to Resolution 2, where they note that "Even if retail shareholders take up all their entitlement, they will still be diluted", which sets a fairly dodgy precedent:
https://www.nzshareholders.co.nz/pdf..._2020_SSM_.pdf
I'm covered in that respect, having bought extra shares through the initial placement on 10 Sep, but still a concern so I will leave my proxy with NZSA for the meeting and see how this pans out...
Larger then normal volume today
Total Trades Total Volume Last Trade V.W.A.P. 64 2,008,768 30 29.99
Latest announcements state the are going unconditional on a number of deals.
I thought this would have given the stock a bit more of a bounce.... Thoughts?
I bought in a month ago $50k bought in at .305. I dont see a quick profit in this. In it for the long term and dividend yield. I think will take at least two years for efficiencies and inflation to start the SP moving with any great moment. Too new a company. They dont manage their properties it appears, Augusta is creaming some off the top.
Ive only looked at it in a cursory way.
Bottomfeeder, this is National Property Trust with a new name.