TWR - Tower Insurance.

[tim23]

Inching north on okay volume, that dividend intention announcement has got people interested again.

[Scrunch]

Inching north on okay volume, that dividend intention announcement has got people interested again.

Yea, but that 11c movement from the end of last year is +15%. Go back six months and the price was 60c and its up 38%.

Happy holder

[Southern Lad]

Although not directly impacting insurance companies, the move by the RBNZ to ease restrictions on banks paying dividends will have helped general sentiment on insurance companies having freedom to return excess capital to shareholders. Hopefully the chances of a Tower capital return/on market buy back have improved. See https://www.rbnz.govt.nz/news/2021/0...-to-be-prudent

[bull....]

huge pre-market crossing in tower

[Gerald]

huge pre-market crossing in tower

Do you have any idea of NZX rules regarding SSH notices. How many days can you delay reporting going over 5% or a decrease from a substantial holder like salt?

0.83 now, starting to absorb those A2 losses

[bull....]

Do you have any idea of NZX rules regarding SSH notices. How many days can you delay reporting going over 5% or a decrease from a substantial holder like salt?

0.83 now, starting to absorb those A2 losses

Guidance on substantial product holderdisclosures

https://map.nzx.com/static/forms/doc...isclosures.pdf

looks like as soon as they can once over 5%

anyway hoping twr really do a share buyback. over $1 if they do i guess

[JohnnyTheHorse]

Beautiful technical setup here. If we get that final multi year resistance break at 83 we are clear sailing to 100. Massive crossing has hopefully cleared that selling pressure (look what happened to MHJ).

[bull....]

another huge crossing just went thru

[JohnnyTheHorse]

another huge crossing just went thru

At higher price of 83 cents too. I've picked up 40,000 more this morning in my trading account.

[JohnnyTheHorse]

A chart to show the significance of these break outs. Daily/weekly/monthly uptrend. It's weekly, so the chart spans several years.

TWR Weekly 15 April 21.jpg