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16-12-2007, 05:23 PM
#121
Junior Member
Got my offer letter / documents yesterday. Just need to clarify something, people may be able to help. If I accept the offer, do I get paid 7 days after they receive the acceptance letter or do they wait until the deadline in March?
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16-12-2007, 05:42 PM
#122
Originally Posted by tycoon_1
Got my offer letter / documents yesterday. Just need to clarify something, people may be able to help. If I accept the offer, do I get paid 7 days after they receive the acceptance letter or do they wait until the deadline in March?
You've got a long, long wait, I'm afraid! (The title of tonight's Sunday theatre comes to mind - "Neverland".) Its not as simple as that. "Conditional" means just that. The chances of the offer succeeding seem pretty remote.
Last edited by COLIN; 16-12-2007 at 05:43 PM.
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17-12-2007, 08:16 AM
#123
I am just going to send them back as soon as I get them saying thanks but NO!
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17-12-2007, 08:38 AM
#124
It may pay not to take any hasty action. There is nothing to be gained by doing so and there just might be further developments before the deadline in March.
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17-12-2007, 08:52 AM
#125
Originally Posted by macduffy
It may pay not to take any hasty action. There is nothing to be gained by doing so and there just might be further developments before the deadline in March.
Yes there is. It tells them to bugger off.
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17-12-2007, 08:57 AM
#126
Originally Posted by tycoon_1
Got my offer letter / documents yesterday. Just need to clarify something, people may be able to help. If I accept the offer, do I get paid 7 days after they receive the acceptance letter or do they wait until the deadline in March?
WOULD be very nice to be young ,stupid and silly again like this BLOKE,,..
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17-12-2007, 09:59 AM
#127
Member
A predictable response but it is also clear that it is not all over yet.
"Mr Frankham said that following the failure of this takeover offer, the board will commence a process seeking to identify a cornerstone investor with the attributes to deliver value for all Auckland Airport shareholders."
Now that shouldn't be too hard to find .... and a price range between $3.07 and $3.48 not that I have ever agreed with those guys' valuations...
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17-12-2007, 11:10 AM
#128
Originally Posted by Deev8
Well the offer documents arrived in the mail this morning - It will take a while to read all the material though.
WTF? You actually read the documents? As Brick and others say... Money talks and Bullshiat walks!!
Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.
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17-12-2007, 11:58 AM
#129
There's lots of tricky between-the-lines nuances in the statements coming out of the company.
CPPIB are stumping up money for 40% of the airport but the airport directors don't want JUST money - they want someone with "expertise". Is this a hint to the Dubaians to have another go?
Grant Samuel says the company is worth $3.07 - $3.40 per share, but the chairman says that underestimates the value - what does he know that his independent advisor doesn't?
The CPPIB bid looks dead in the water - but the directors still want a suitor. Where to from here, and what is the endgame?
Marriage isn't a word. It's a sentence
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17-12-2007, 12:51 PM
#130
Member
Has any other shareholder, not received the letter from the Canadians yet??
I understand this was posted out to all shareholders on friday?
Who do I ring, if it hasnt arrive by Tuesday?
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