TWR - Tower Insurance.

[bull....]

the closing price in aus was worth 71c nz

[JeremyALD]

the closing price in aus was worth 71c nz

I'm a bit surprised, pleasantly though. The market cap after completion is going to be around 200m?

[bull....]

twr in nz is still trading at discount to aus

[Drummer]

Hi,

Anyone know if you can apply for more share under the offer, or is it just 1 for 1?

Thanks...

[JeremyALD]

Hi,

Anyone know if you can apply for more share under the offer, or is it just 1 for 1?

Thanks...

You can't apply for more

[Drummer]

Thanks Jeremy.

[Balance]

Last day to accept rights issue.

Insiders have been buying - great sign!

http://nzx-prod-s7fsd7f98s.s3-websit...652/271433.pdf

http://nzx-prod-s7fsd7f98s.s3-websit...796/271618.pdf

http://nzx-prod-s7fsd7f98s.s3-websit...355/271039.pdf

http://nzx-prod-s7fsd7f98s.s3-websit...355/271040.pdf

[Fatboyj]

IF by any chance there was another take over in the works, would these recent insider purchases be considered naughty?

[Balance]

IF by any chance there was another take over in the works, would these recent insider purchases be considered naughty?

I suspect they are buying on the basis that all pertinent information are in the market, including the possibility of another takeover (alerted to by Commerce Commission).

Interesting that they have been buying post rights, rather than cum-rights.

[bull....]

gotta say this was a great investment buying after they announced the rights issue, 42c rights vrs 68c on market 62% return in less than a month , could be more maybe in time