TWR - Tower Insurance.

[JeremyALD]

Agree nice little arbitrage opportunity for the brave...

Unfortunately I was too brave, but I only put 6k down. It's going to be a bad day though, that much is sure

[Balance]

Appeals will be lodged for sure.

[bull....]

Im so glad, really impressed with the COMCOM of late - more competition is better for everyone

[winner69]

Im so glad, really impressed with the COMCOM of late - more competition is better for everyone

Agree ..............

[bull....]

70 - 80c pre t/o period

[Bjauck]

Im so glad, really impressed with the COMCOM of late - more competition is better for everyone

Their decisions are no longer like a lottery?

[Balance]

Their decisions are no longer like a lottery?

https://www.nbr.co.nz/article/comcom...corp-th-205698

Looks well reasoned to me.

Fairfax could very well reappear as a buyer?

[Arbroath]

Their decisions are no longer like a lottery?

Comcom logic is a joke - remember how they kneecapped Chorus with their "preliminary decision" which halved their share price only to reverse it.

Declining Tower beggars belief when they are 5% market share and of questionable independent financial strength. I'd understand if IAG was trying it on but Vero are c. 25%. Hasn't Youi turned up in NZ as a new recent competitor - hard to make an argument there are barriers to entry etc.

Does this mean they have to relook at Z buying Caltex or the supermarket duopoly. Tower shareholders have been sacrificed at the alter of Mr Berry's ego.

[Bjauck]

https://www.nbr.co.nz/article/comcom...corp-th-205698

Looks well reasoned to me.

Fairfax could very well reappear as a buyer?

After allowing the IAG takeover maybe they tied their hands? A suncorp/tower tie in may have been a counterbalance.

[Balance]

Comcom logic is a joke - remember how they kneecapped Chorus with their "preliminary decision" which halved their share price only to reverse it.

Declining Tower beggars belief when they are 5% market share and of questionable independent financial strength. I'd understand if IAG was trying it on but Vero are c. 25%. Hasn't Youi turned up in NZ as a new recent competitor - hard to make an argument there are barriers to entry etc.

Does this mean they have to relook at Z buying Caltex or the supermarket duopoly. Tower shareholders have been sacrificed at the alter of Mr Berry's ego.

There is an appeal process - this is not the end game.