Then how would the Casino pay for its cost of doin g business ? The point of this analogy is that everything is above board and fully transparent when speculating at some venue's and certainly not at others !
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Not sure I agree with that winner - STU announced the updated offer yesterday the least they can do is now update the market that the offer has now been rescinded simple as I would of though .... continuous disclosure required afterall bring on the NZX please explain ....
Currently trading on a FY20 forward P/E of only 10 and with those dividends to be resumed it must be an absolute bargain at the current price even without the possible takeover premium.
Disc: Definitely do your own.
Disc: Told you $1.20 was good buying.
Not sure I agree with that winner - STU announced the updated offer yesterday the least they can do is now update the market that the offer has now been rescinded simple as I would of though .... continuous disclosure required afterall bring on the NZX please explain ....
STU said ‘The Board does not support the indicative offer’ but in light of the circumstances there are ‘commissioning an independent expert report which will take 3 -4 weeks, and will further consult its legal and financial advisers about the implications of the revised offer. Fletcher Building has been advised of this (copy attached).’
So at this stage STU haven’t much more to say have they.....nothing material to disclose I reckon unless things have changed dramatically.
Wonder if they still getting this report done? Might be and STU might reengage with Fletcher’s
No doubt further comment at AGM
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Originally Posted by Beagle
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