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  1. #2911
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    Quote Originally Posted by Yoda View Post
    I think the million-dollar hous analogy is like the whole share market not one share. If you have a 1 million dollar house with a mortgage there's no way you can sell it for 600. You end up with 400 in negative equity to repay. You would have to do some improvements to the house to bring the value up. And then sell.Likewise , sell the shares for a lower price and take the loss, but stay in the share market and reinvest to make up a loss but stay in the share market
    Absolutely, in the share market you have to cut your losses sometimes. If there is no takeover by the end of the year and based on the results posted to the market in August i will probably end up exiting this stock.

  2. #2912
    Advanced Member airedale's Avatar
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    In the space of a day the discussion has moved from "irrational exuberance" to philosophical thoughts about human nature and intrinsic value.

  3. #2913
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    Quote Originally Posted by airedale View Post
    In the space of a day the discussion has moved from "irrational exuberance" to philosophical thoughts about human nature and intrinsic value.
    But still no considered answer to this :

    Quote Originally Posted by Balance View Post
    So much speculation about takeover.

    Question is why post capital raising, not pre capital raising when the company desperately needed a white knight.

    Would have been a walkover then for an interested party to take the company over.

    Think that through carefully.
    Dis. Shareholder - spat out the disgust at the way small shareholders are treated and bought at 17.2c.
    Last edited by Balance; 11-06-2020 at 09:02 AM.

  4. #2914
    Advanced Member airedale's Avatar
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    Perhaps the directors have a long term {or longish term} plan which does not include a takeover.

  5. #2915
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    Quote Originally Posted by Balance View Post
    So much speculation about takeover.

    Question is why post capital raising, not pre capital raising when the company desperately needed a white knight.

    Would have been a walkover then for an interested party to take the company over.

    Think that through carefully.
    Cause you sent me this PM a few days ago

    REMOVED
    Last edited by Ogg; 11-06-2020 at 09:19 AM.

  6. #2916
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    For the traders, notice how SKT gets bought up on NZX each morning but gets sold down in the afternoon after ASX has opened?

    Wonder how many of the 12c shares went to Australian institutions.

  7. #2917
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    Deleted post
    Last edited by Balance; 11-06-2020 at 09:20 AM.

  8. #2918
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    Quote Originally Posted by Balance View Post
    Ogg - not cool to post PM on ST for general circulation.

    You could have simply answered the question - it is important that punters here think for themselves once in a while.
    lol, sorry.

    You holding some SKT now too?

  9. #2919
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    Quote Originally Posted by Ogg View Post
    lol, sorry.

    You holding some SKT now too?
    Quote Originally Posted by Balance View Post
    But still no considered answer to this :
    Dis. Shareholder - spat out the disgust at the way small shareholders are treated and bought at 17.2c.
    Repeat - spat out my disgust at how retail & small shareholders were treated.

  10. #2920
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    Quote Originally Posted by Ogg View Post
    lol, sorry.

    You holding some SKT now too?
    Thanks Ogg, MistaTea and others, for helping with my continued education.
    No...not holding. Yet.

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