I have been expecting Talley's to make a takeover play for this badly managed company and clean it up. But no, Ngai Tahu has decided they can make a difference
SAN
01/09/2021 09:52
GENERAL
PRICE SENSITIVE
REL: 0952 HRS Sanford Limited (NS)
Sanford has been informed by Ngai Tahu Investments Limited that, via its
broker Craigs Investment Partners, it is looking to purchase shares in
Sanford at a price $5.50 (representing a premium of 23.6% to the closing
price on 31 August 2021), such that it (and its associates) will hold a
significant minority shareholding. We are informed that Ngai Tahu
Investments Limited has no current intention to make a takeover offer for
Sanford based on current circumstances.
I have been expecting Talley's to make a takeover play for this badly managed company and clean it up. But no, Ngai Tahu has decided they can make a difference
SAN
01/09/2021 09:52
GENERAL
PRICE SENSITIVE
REL: 0952 HRS Sanford Limited (NS)
Sanford has been informed by Ngai Tahu Investments Limited that, via its
broker Craigs Investment Partners, it is looking to purchase shares in
Sanford at a price $5.50 (representing a premium of 23.6% to the closing
price on 31 August 2021), such that it (and its associates) will hold a
significant minority shareholding. We are informed that Ngai Tahu
Investments Limited has no current intention to make a takeover offer for
Sanford based on current circumstances.
Great an instant SP rise .........bought in yesterday
That's what I love about shares just when you think this is never gone get back until covid ends something like this comes along out of the Blue to turn things on its ead
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