Market seems to think Tower impacted with these floods
”When investors are euphoric, they are incapable of recognising euphoria itself “
Don't you mean Matt Goodson at Salt?
Originally Posted by KJMLimited Don't you mean Matt Goodson at Salt? They keep saying good things about Tower ….their largest long But keep selling …hmmm
Originally Posted by winner69 They keep saying good things about Tower ….their largest long But keep selling …hmmm A bit of sharing the risk going on - you reckon ?
Originally Posted by nztx A bit of sharing the risk going on - you reckon ? I'm looking forward to the off-mkt sale of 29m shares @ 0.68 to clear the overhang.
Originally Posted by KJMLimited I'm looking forward to the off-mkt sale of 29m shares @ 0.68 to clear the overhang. I think I'll hang out on the sidelines watching - given TWR's past history ..
Originally Posted by nztx A bit of sharing the risk going on - you reckon ? Salt also sold a bunch of PEB, maybe just rebalancing?
Guess next years Tower’s reinsurance premiums will be a lot higher …based on claims experience I’d say
Originally Posted by winner69 Guess next years Tower’s reinsurance premiums will be a lot higher …based on claims experience I’d say Won't be getting their no claims bonus eh?
This looks like good news but the wording isn't clear https://www.nzx.com/announcements/376055
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Originally Posted by KJMLimited
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