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  1. #22641
    Legend Balance's Avatar
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    Quote Originally Posted by alokdhir View Post
    Pretty sure u will be covering your shorts tomorrow ...locking it profits from 7.25 to whatever it reaches on Monday ...
    I don’t do shorts. Period.

  2. #22642
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    When will the takeover news come out again ....maybe after all shorts are in for the index exclusion selling ....Just thinking aloud .

    They will try to take full advantage of the SP at the lowest price possible ...so will keep waiting till its most suitable .

    Provided there is someone actually looking to gobble up ATM ...maybe they just need $ 2B to take control of $ 1.5B revenue and $ 250 mil profits with 874 Mil in Cash plus share stake in SML + MVR + Brand Value

    So who actually can see some visibility of demand or already has demand side covered ...it may make good business sense to do it ...ATM has supply side covered very well .

    IMHO it is distinct possibility with ATM . Hold very small lot to participate in this scenario . So will be looking to buy some around $ 5.50 if Monday provides that opportunity . Hold for 3-6 months ...maybe get lucky

  3. #22643
    ShareTrader Legend bull....'s Avatar
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    a2 removed from index

    http://nzx-prod-s7fsd7f98s.s3-websit...587/354038.pdf

    probably mean more selling
    one step ahead of the herd

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    Quote Originally Posted by bull.... View Post
    a2 removed from index

    http://nzx-prod-s7fsd7f98s.s3-websit...587/354038.pdf

    probably mean more selling
    Seems appropriate A2 replaced by another gambling company in that NZX

    'Investing' in A2 is akin to a visit to the TAB
    Last edited by winner69; 06-09-2021 at 09:06 AM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #22645
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    Quote Originally Posted by winner69 View Post
    Seems appropriate A2 replaced by another gambling company in that NZX

    'Investing' in A2 is akin to a visit to the TAB
    bubs and synliat removed as well , milk not flavour of the year according to the market
    one step ahead of the herd

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    omg, the whole milk sector gone. This is big!

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    Quote Originally Posted by flyinglizard View Post
    omg, the whole milk sector gone. This is big!
    Once were favourites …

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    FBU was also excluded ....used to be No 1 company for long long time ....

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    Quote Originally Posted by alokdhir View Post
    FBU was also excluded ....used to be No 1 company for long long time ....
    Where? FBU was kicked out a while ago and deservedly so.

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    Quote Originally Posted by Balance View Post
    Where? FBU was kicked out a while ago and deservedly so.
    I was referring to old times only for sake of comparison . Means all the companies going thru bad patch get excluded ...and if they turnaround then they come back .

    So no big deal ATM getting excluded ...All know they going thru bad times .

    Will this lead to big selling ...maybe not ...just a knee jerk reaction for few days then back to same grind

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