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Thread: SANford Chart

  1. #201
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by iceman View Post
    The vessel has continued fishing for SAN. The issue is still in the court system and unresolved at this time.
    Cheers - interesting.

    Do you know about any precedence cases to get a feeling for how this might end (best case / worst case scenario)?
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  2. #202
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    Quote Originally Posted by BlackPeter View Post
    Cheers - interesting.

    Do you know about any precedence cases to get a feeling for how this might end (best case / worst case scenario)?
    Happened to Sealord last year https://www.stuff.co.nz/business/122...protected-zone
    I can not remember how much they paid to "buy" the vessel back. A few hundred thousand $ from memory !!!!

  3. #203
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    Quote Originally Posted by Balance View Post
    Oh well, there's always the AGM in Dec to look forward to.

    Can always count upon a polystyrene packed sample of green lipped mussels!
    Got to take whatever divvies come along.....

  4. #204
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    Boom Ngai Tahu $5.50

  5. #205
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    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)

    GENERAL: SAN: Ngai Tahu Investments Limited Share Purchasing

    1 September 2021
    NZX Continuous Disclosure

    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.

  6. #206
    Senior Member
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    Quote Originally Posted by iceman View Post
    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)

    GENERAL: SAN: Ngai Tahu Investments Limited Share Purchasing

    1 September 2021
    NZX Continuous Disclosure

    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

  7. #207
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    The sharks have been trawling the share register.

    About time they out musselled the roughies and fish heads, and put someone else in their plaice.

  8. #208
    Guru Rawz's Avatar
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    Quote Originally Posted by dreamcatcher View Post
    Great an instant SP rise .........bought in yesterday
    Nice one. Don't you love it when that happens. Seems of late when I buy into a company the share price drops haha

  9. #209
    percy
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    Quote Originally Posted by Getty View Post
    The sharks have been trawling the share register.

    About time they out musselled the roughies and fish heads, and put someone else in their plaice.
    Great choice of words.

  10. #210
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    Quote Originally Posted by DDog View Post
    Boom Ngai Tahu $5.50
    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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