underwriters usually get fees too, though I wouldnt know if that would be appropriate in this case.
BTW Maverick
awesome post on the 25th, I didn't see it until a couple of days ago.
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Sure.But my point was that there maybe well be a great time to buy/topup OCA as property prices drop in the coming months/year.Happy to await this with cash atpit.
'Bank of Mum and Dad' putting parents at risk
"New Zealand’s real estate market could hit a crunch in September as the end of wage subsidies and mortgage holidays combine with the uncertainty of the election, it has been warned. Banks have also been offering payment deferral on mortgages for people who have been affected financially by Covid-19 for six months. This scheme started on March 27 and will also finish in September www.globalnews.co.nz
The divie is only $7m odd so not going to make much difference to anything
more than pays OCA's bonuses at least, probably helps some at MAQ's earn a bonus as well... win win... shareholders lose with additional dilution... but not that much as you say.
Hi guys
Can anyone make sense of the Buy/Sell table from ASB for OCA, takenjust before 5pm today - some buyers at $1.09, some sellers at $0.94.
Is this an after closing aberration of some kind?
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