This offer seems like it would actually have been more than a fanciful "testing the waters" approach back in October.
Continuous disclosure rules in Australia
ASX Listing Rule 3.1 imposes an obligation on a listed entity to “immediately” notify the ASX when it becomes aware of any information concerning it which a reasonable person would expect to have material effect on the price or value of the entity’s securities.
rules here are weak for investors in nz. you could have brought in aus before the halt went on for the news look at the volume traded
OIO approval needed & I cant see significant strategic assets like WIAL being allowed to be sold offshore, even if it is just to our cousins across the ditch....
This offer seems like it would actually have been more than a fanciful "testing the waters" approach back in October.
Continuous disclosure rules in Australia
ASX Listing Rule 3.1 imposes an obligation on a listed entity to “immediately” notify the ASX when it becomes aware of any information concerning it which a reasonable person would expect to have material effect on the price or value of the entity’s securities.
Mmm .. thank you for this Bjauck.
Our rules seem to be deficient.
OIO approval needed & I cant see significant strategic assets like WIAL being allowed to be sold offshore, even if it is just to our cousins across the ditch....
Absolutely agree with the sentiment here
ACC & Fisher funds nearly hold 10 % as far as I can ascertain
Hopefully any takeover will be dead in the water but don't expect this to be the only shot at IFT
Elongated pipeline of return for many years to come that is irreplaceable in my view.
Its not just about the assets its also the IP
They have been very good at looking after all stakeholders along the way
Starting buying these when they first listed in 1994? and have added to all along the way
Its mind boggling how a small amount back then has compounded to where it is now and long may it continue.
Congrats, sold mine along time ago and have dithered about getting back in. One small influence was the brokers.They didnt seem to like Morrison and co ,the managers of Infratil and pointed out the large management fees Morrison extracted amongst other things.
It would be sad and unwise to see some of assets especially renewable ones go offshore. I guess Morrison and co would have a clean sheet to start investing and managing a new company all over again.
Yes regarding the brokers always being down on IFT
Maybe because they couldn't keep up twith IFT 'competive 17 per cent returns
Regarding volumes traded prior the volume was lower than average the previous week
As I noted though the trading pattern through the day was different
Originally Posted by Bjauck
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