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05-09-2022, 06:14 PM
#2921
Member
Originally Posted by BlackPeter
*
Actually - RYM is another good example. Do you remember the time when every Tom, Dick and Harry jumped up and down and told everybody else how magic these retirement villages are and that they never will stop growing? Well, just replace retirement village with IFT and look at your posts. Just saying.
But anyway - good luck with your investments, and as long as you are sufficiently diversified, things should be alright.
Speaking of IFT divestments....still waiting the outcome of their strategic review of Retire Australia.
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05-09-2022, 08:56 PM
#2922
Junior Member
Retire AU
Originally Posted by maclir
Speaking of IFT divestments....still waiting the outcome of their strategic review of Retire Australia.
I believe that they announced during the recent annual meeting that the strategic review has now led to a sale process being instigated. Expect it to conclude prior to the end of the year. They also commented that Retire AU is performing better than expected with a strong post covid demand for retirement units (claimed punters felt the retirement villages were safe havens and it had strengthened demand) and presumably this increases both the value of the entity and the likelihood other operators on the sector will be prepared to acquire.
Last edited by 3141592; 05-09-2022 at 09:01 PM.
Reason: Minor typo
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06-09-2022, 11:30 AM
#2923
IFT is the only major stock whose market cap has increased a lot in last 3 months due to SP going up around 22% ....with index rebalancing coming ahead ...its very possible some funds have to increase its holding based on new market cap thus brokers are accumulating for them
It may peak around 3rd Friday of the month ie 16th Sept ...like it did last time in June too !!!
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06-09-2022, 10:52 PM
#2924
Member
Where’s the peak of this run?
$9.77 - $9.88?
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08-09-2022, 01:02 PM
#2925
CROESUS U.T.
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16-09-2022, 04:54 PM
#2926
Over 9 million shares will be traded. Sorry 11 million
Last edited by Ggcc; 16-09-2022 at 05:12 PM.
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16-09-2022, 05:19 PM
#2927
Originally Posted by Ggcc
Over 9 million shares will be traded. Sorry 11 million
???
NZX 916,834 shares for $8,352,500
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16-09-2022, 05:42 PM
#2928
Member
My info says 10,622,012. Jeepers alot.
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16-09-2022, 08:32 PM
#2929
Originally Posted by Old mate
My info says 10,622,012. Jeepers alot.
That is correct. It changed later from direct broking to $97,000,000 turnover
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17-09-2022, 05:49 AM
#2930
Ok I see that now
If it was Index rebalancing then would expect SP to go up?
SH selling into this rebalancing???
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