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Member
speirs group
It would appear to me that it will be a for gone conclusion that Speirs lists on the Unlisted market.
The Speirs board have come out in favour of delisting from the NZAX so Unlisted here we come.
I am still trying to think of any benefits for the ordinary shareholder with this move,however I pray that they are substantial.(a lot of prayers needed me thinks).
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I recall many years ago reading an article in the Herald by Brian Gaynor,when Cynotec delisted.If I recall correctly Gaynor labelled it as a disaster for ordinary shareholders.
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Originally Posted by beetills
It would appear to me that it will be a for gone conclusion that Speirs lists on the Unlisted market.
The Speirs board have come out in favour of delisting from the NZAX so Unlisted here we come.
I am still trying to think of any benefits for the ordinary shareholder with this move,however I pray that they are substantial.(a lot of prayers needed me thinks).
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I recall many years ago reading an article in the Herald by Brian Gaynor,when Cynotec delisted.If I recall correctly Gaynor labelled it as a disaster for ordinary shareholders.
One benefit might not be having to pay large listing fees and possibly less compliance fees.
Obviously pros and cons with both , but some may see this as a benefit ......
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Member
Should shareholders expect aa annual report this year as all their earnings for 30/06/16 occurred when listed on the NZAX.?
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Member
Annual report out today.Normal blah blah about building shareholder value blah blah.
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Member
Will there ever be a time when weather or market conditions don't affect SGLs profit?
Every report is a copy of the previous one.
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Member
Delay in releasing results as a company that they own 3% of sweet FA is having problems getting their act together due to restructuring.
How about just a little hint of how your other companies performed.
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Member
Another disappointing result along with the usual excuses.Methinks it's time they put themselves on the market and let somebody else have a go.
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Member
Speirs have sold their 40% shareholding in Rosa Foods.
Now i hope somebody wants to buy them.
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Member
33% of Speirs operating business has been sold to its General Manager.According to the news release its a win win situation for both parties.
Lets hope it s a win win for the long suffering shareholders.
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Member
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