sharetrader
Page 7 of 24 FirstFirst ... 3456789101117 ... LastLast
Results 61 to 70 of 237
  1. #61
    Member
    Join Date
    May 2011
    Posts
    258

    Default

    Quote Originally Posted by bull.... View Post
    agree i had tlt as a big bet for the future
    Me too, I have a lot and would have bought more except I expected to buy more in a capital raise for Dundonnell.

  2. #62
    Advanced Member
    Join Date
    Apr 2008
    Location
    Kerikeri
    Posts
    2,468

    Default

    Quote Originally Posted by RupertBear View Post
    Just reporting what I read...

    Yep, me to. Hope you are right. Thanks for posting the source.
    Cheers
    RTM

  3. #63
    Senior Member
    Join Date
    Dec 2014
    Posts
    581

    Default

    It’s interesting to see the share trade above 2.30NZD

  4. #64
    ShareTrader Legend bull....'s Avatar
    Join Date
    Jan 2002
    Location
    auckland, , New Zealand.
    Posts
    10,993

    Default

    Quote Originally Posted by freddagg View Post
    Me too, I have a lot and would have bought more except I expected to buy more in a capital raise for Dundonnell.
    exactly was waiting to hear. ift really want to keep all the glory from this one to themselves lol
    Last edited by bull....; 05-09-2018 at 01:47 PM.
    one step ahead of the herd

  5. #65
    Member
    Join Date
    Jul 2004
    Location
    , , .
    Posts
    474

    Default

    TLT is risky on forward options as the price of renewables is dropping fast. I think the cause is cheaper finance plus very cheap solar. I have just helped pay for 10 KW of solar on top of 6KW already,with a battery and 3 phase inverter. Pay back will be 5 years at most . Domestic power prices in NZ are a rip off , 5.5c/Kwhr for Tiwai and 15 at least for domestics all protected by the govt as they own a lot of NZ generation. The gains really start if you go off grid.

  6. #66
    Member
    Join Date
    Nov 2016
    Location
    Little frog in a big pond
    Posts
    189

    Default

    My understanding is that if MCY and IFT reach the 90% threshold they can compulsory purchase the remaining 10%. They already control 70% so are looking for 20% to grab a bargain. $3.60, that’s the number they should be pitching.

  7. #67
    ShareTrader Legend bull....'s Avatar
    Join Date
    Jan 2002
    Location
    auckland, , New Zealand.
    Posts
    10,993

    Default

    huge announcement today in aus about dundonnel

    Premier Daniel Andrews will formally announce the results of the special "reverse auction" on Tuesday, a system where the Government has asked the industry for bids to build new energy generation

    http://www.abc.net.au/news/2018-09-10/new-solar-wind-farms-to-be-built-in-victoria/10223550?section=business
    one step ahead of the herd

  8. #68
    Member
    Join Date
    May 2011
    Posts
    258

    Default

    Quote Originally Posted by bull.... View Post
    huge announcement today in aus about dundonnel

    Premier Daniel Andrews will formally announce the results of the special "reverse auction" on Tuesday, a system where the Government has asked the industry for bids to build new energy generation

    http://www.abc.net.au/news/2018-09-10/new-solar-wind-farms-to-be-built-in-victoria/10223550?section=business
    Thanks for the link.
    So the environment Minister has already confirmed Dundonnell will be built. Hard to see how Infratil will be able to buy Tilt for $2.30 now.

  9. #69
    Member
    Join Date
    Jul 2004
    Location
    , , .
    Posts
    474

    Default

    It depends on the price which looks low.

  10. #70
    Advanced Member
    Join Date
    Apr 2008
    Location
    Kerikeri
    Posts
    2,468

    Default

    Yes, thanks for the link.

    It feels as though Infratil and Mercury were trying to get the deal through before this surfaced. They would have had more knowledge than the average shareholder (me) that's for sure. Leaves a bit of a bad taste in ones mouth, reinforces where the retail shareholder fits into the scheme of things, and so yes, I really hope they have to pay more.

    Disc: Modest holding via my Trustpower shares.

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •