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  1. #5991
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    Quote Originally Posted by golden city View Post
    3 dollar soon looks like
    Sure seem to be heading that way, some big fund is in accumulation mode by the looks.

  2. #5992
    Ignorant. Just ignorant.
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    Quote Originally Posted by sb9 View Post
    Sure seem to be heading that way, some big fund is in accumulation mode by the looks.
    Or CMO preparing for a hostile takeover?

  3. #5993
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    Quote Originally Posted by GTM 3442 View Post
    Or CMO preparing for a hostile takeover?
    I don't think it is CMO. I know the chair of CMO and that is not their MO. The TRA question (merger/takeover) was actually asked at their AGM 3 years ago and was put to bed quick smartly. The two business models are totally different as well. (not that that matters). But can't see it happening. CMO do not have the warchest to be able to purchase TRA and as its a reasonably closely held family company (60+ shares are held by family interests) I do not see them doing a call on capital to fund an acquisition. Nor do I see them doing an issue of CMO shares to TRA holders as that will water down the family's interest. But interesting speculation no doubt.

  4. #5994
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  5. #5995
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by blackcap View Post
    ... and it looks like there are plenty more to sell where these came from ...

    800 k down and 7 million more to sell.
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  6. #5996
    Legend Balance's Avatar
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    Quote Originally Posted by BlackPeter View Post
    ... and it looks like there are plenty more to sell where these came from ...

    800 k down and 7 million more to sell.
    I think it’s called ‘feed the ducks when they are quaking’?

    Milford sold down and now it’s Salt.

    Milford did not sell well.

  7. #5997
    percy
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    Oct 2009
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    christchurch
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    Quote Originally Posted by blackcap View Post
    Average buy price.. $2.709.
    Average sale price...$2.627.
    Well at least they received good dividends which would have more than offset their trading losses.

    ps.
    I guess someone has brought these shares.?
    Last edited by percy; 12-12-2019 at 09:03 AM.

  8. #5998
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    Inching close to that magical $3 mark....

  9. #5999
    Senior Member
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    Love it up 30% for me plus nice dividends

  10. #6000
    percy
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    Quote Originally Posted by sb9 View Post
    Inching close to that magical $3 mark....
    Yes looking strong at over $2.80,[currently trading at $2.85],and cum a fully imputed 4 cent divie,ex 17 January and payable on 30th January.
    Well done to those who were savvy [or brave enough] to buy under $2.20.

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