IFT - Infratil

[Lego_Man]

Poor Nigel on Sharesies

Applied for $1.115 of shares ….got $58.52 worth …prob all he was entitled to.

The message he got said big end of town got what they wanted and little guys were scaled back

Nigel needs to understand that Infratil only interested in the big end of town and don’t care a stuff about the small shareholders ..in many respects they are a bloody pain in the neck.

Hope Nigel knows he can ask for more under the retail offer next week

It's outrageous that Sharesies get to place the insto bookbuild out to their retail clients. Can't believe the FMA let them get away with it. It's an unregulated offer and all the other brokers only let their certified wholesale clients into the offer.

They also effectively get to double dip when the retail terms go out.

[maclir]

I am a current shareholder and received no information relating to application to purchase new shares, anyone know why some shareholders have priority over others?.

You should have received an email. Current shareholders will get two weeks from the 13th to place a request for up to 80k.

[Toddy]

I thought the info so far has been clear. The shareholders that applied in the first round were given their full entitlement. So effectively are done and dusted.

The correspondence next week will show what individual shareholders have been allocated if they wish to take up the offer (upto 80k).

Manage ARE looking after their shareholder base.

[kiora]

https://www.nzherald.co.nz/business/...FH3M46LI62N4M/

"One" good return over a long term. IFT always wanted 100% of Vodafone.
Got most of original investment back from tower sale
Future:
Investing in network
Selling ICP products

Like digital assets.

[BlackPeter]

https://www.nzherald.co.nz/business/...FH3M46LI62N4M/

You sure you got the right thread?

[winner69]

You sure you got the right thread?

It’s a two part story Peter

[Onemootpoint]

You sure you got the right thread?

IFT comes up later in the article, or 14.30 in the video.

[kiora]

Want to maintain shareholder relativity .....

[jg8512]

does anyone have any info on what proportion of retail shareholders on average participate in a SPP ?
my gut feel is that it's not very high ... but does anyone have any real data? Thanks

[warthog]

For those who may be wondering, Link will be notifying of Entitlement Numbers for the IFT Retail Offer later today.