Recent events and statements by Australian officials have shown the Trans-tasman bubble is unlikely anytime soon. Smart move for them to do a capital raise before everyone wakes up to the implications and possibilities of this weeks events.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
yes MR B. On the money again. but they seem to buying again!! Its that long term value here out 5 years. Its dirt cheap if you have a 5 year or longer term view. I would say that management cannot but think that this is a wonderful oppo for them to buy up big ramp up the DIV later on. Imagine what div off the back of some of these prices in 5 years... blows anything out of the water...I amend my post by saying that this is not a stock for some based on moral grounds.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Banner on Direct Broking website says, due to high demand in institutional placement, no shares were available for retail investors...however eligible holders can apply through SPP.
Banner on Direct Broking website says, due to high demand in institutional placement, no shares were available for retail investors...however eligible holders can apply through SPP.
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Originally Posted by bull....
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