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  1. #3171
    Advanced Member airedale's Avatar
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    Surprising {but perhaps not too Ogg} the few number of shares that the directors hold. Only Martin Stewart has just over 1 million and the others have piddling amounts compared to the number of shares on issue.

  2. #3172
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    What are they trying to tell us?

  3. #3173
    Advanced Member airedale's Avatar
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    Perhaps it is indicative of that label "zombie company" that was suggested by an earlier post.

  4. #3174
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    Quote Originally Posted by airedale View Post
    Perhaps it is indicative of that label "zombie company" that was suggested by an earlier post.
    This.

    It's a 30 year old company, that has changed hands many times from the likes of Murdoch and other big owners etc

    Past CEO Fallet had virtually no shares in the company for all of his tenure.

    Good to see them making a small effort now though but I do agree it's all tokenism at this level, expect maybe CFO.

    As with the Vodafone take over, management will likely get a 2% share of equity. So a possible 34m shares for Martin if he doesn't drop the ball here - a nice little bonus when the company relists.

  5. #3175
    Speedy Az winner69's Avatar
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    One of the original founders on a roll at the moment ....Terry’s horse Word for Word won well in Sydney the other day
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  6. #3176
    I like peanuts... youngatheart's Avatar
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    Quote Originally Posted by Ogg View Post
    Just lol at you amateurs. Why would UBS sell you stock at 12. It's not gonna happen.

    The traders are trying to flush out existing retail holders at this level, not to bring in more.

    The strong close was pre programmed to set up a bullish trading pattern for next week.

    Remember the SPH notices are 3 days old. The stock overhang has likely all been sold at a higher price. The algorithms have likely already switch to accumulation mode.

    I suspect a return to TERP level on Monday, with more accumulation. Thus confirming the bullish trading pattern. You'll then likely get the updated broker reports, check for Forsyth Barr and Goldman. Should hit 20 by next Friday. That's when the offloading to retail will start up again.
    Hmmm. So "hit 20c by Friday..." It's not really happening is it?

  7. #3177
    Advanced Member Entrep's Avatar
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    Quote Originally Posted by youngatheart View Post
    Hmmm. So "hit 20c by Friday..." It's not really happening is it?
    Friday in the last week of December... after a 10:1 consolidation

  8. #3178
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    Quote Originally Posted by youngatheart View Post
    Hmmm. So "hit 20c by Friday..." It's not really happening is it?

    It will happen, he didn't say which Friday it'll be

  9. #3179
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    Since the CEO and some others have just increased their shareholding. Can an assumption be made that a takeover is not likely in the immediate future?

  10. #3180
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    Great weekend for motorsport with the supercars back on track in Sydney this weekend and the kiwi boys going well.

    Supercars announce that they have signed new 5 year deal with Skysport for next 5 years

    https://www.supercars.com/news/champ...ar-nz-tv-deal/

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