sharetrader
Page 237 of 339 FirstFirst ... 137187227233234235236237238239240241247287337 ... LastLast
Results 2,361 to 2,370 of 3387

Thread: IFT - Infratil

  1. #2361
    Advanced Member
    Join Date
    Oct 2001
    Location
    chch, , New Zealand.
    Posts
    2,494

    Default

    Quote Originally Posted by winner69 View Post
    Going to take over Sky TV many reckon
    Hope not, but would have some possible synergies with vodafone

  2. #2362
    always learning ... BlackPeter's Avatar
    Join Date
    Aug 2007
    Posts
    9,497

    Default

    .. and down she goes ...

    While it is still early days - MA 200 is at $4.73. SP dropped last week under this line, tried to recover on Friday but didn't quite make it. Down again today.

    Sure - just one TA signal, but ignore at your peril ... feels there might be anyway too many fees and hype baked into today's share price.
    Last edited by BlackPeter; 29-06-2020 at 09:23 AM. Reason: Oops - MA200 is obviously $4.73 - corrected.
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  3. #2363
    Member
    Join Date
    Jan 2014
    Posts
    480

    Default

    Looks like we get the SPP shares at 4.65, but likely to be scaled back pretty heavily as 2.6x oversubscribed.

    https://www.nzx.com/announcements/355430

  4. #2364
    Guru
    Join Date
    Sep 2009
    Posts
    2,685

    Default

    Looked like SP was manipulated down to get cheap shares ?

  5. #2365
    Advanced Member
    Join Date
    Apr 2008
    Location
    Kerikeri
    Posts
    2,468

    Default

    Quote Originally Posted by kiora View Post
    Looked like SP was manipulated down to get cheap shares ?
    Lets hope it gets manipulated the other way as well.

  6. #2366
    Member
    Join Date
    Jan 2014
    Posts
    480

    Default

    Quote Originally Posted by Mogul View Post
    Seems unlikely. Institutional raise of $250 m had already been completed. Don’t think retail shareholders could manipulate price down or materially benefit from it given $50,000 cap per shareholder and likely scaling. SPP only $50 m.

    More likely that Institutions who bought up large in hope of quick gain decided to exit overweight positions without the profit they hoped for in my view.
    Could have been done retail investors selling existing share and hoping to replenish then with cheaper SPP shares too. Risky with potential scaling though.

  7. #2367
    Advanced Member
    Join Date
    Oct 2001
    Location
    chch, , New Zealand.
    Posts
    2,494

    Default

    Was a bit worried I had applied for more than I really wanted so not too unhappy about the scaling.

  8. #2368
    Member
    Join Date
    Dec 2019
    Location
    South of the Bombays
    Posts
    287

    Default

    Competing offers for Australian Renewables player Infigen Energy puts interesting perspective on Tilt’s valuation.

    Also, what are the odds on IFT wading in with a competing offer with their half billion of cash as a down payment? Having said that, not exactly Morrison & Co.s modus operandi to publicly scrap over investment acquisitions rather than concluding a deal behind closed doors.

  9. #2369
    Member
    Join Date
    May 2011
    Posts
    258

    Default

    That was disappointing, I only got 11% more shares in the capital raise.
    Was anyone different to that?

  10. #2370
    Senior Member
    Join Date
    Jun 2017
    Location
    Auckland
    Posts
    903

    Default

    Quote Originally Posted by freddagg View Post
    That was disappointing, I only got 11% more shares in the capital raise.
    Was anyone different to that?
    Yes disappointing I received 18% in the CR

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
  •