MET - Metlifecare - one for the fundies?

[winner69]

Our heroes below

Unlike other sector boards that seem to have some health related experience on it the MET board has plenty of power / electricity / gambling experience behind them. We’ll give the ex Fletcher’s guy background a bit of a tick but then it was about building roads and bridges rather than buildings I think.






not very diverse is it

[Panda-NZ-]

All I want for Christmas is a successful court case and/or generous revised offer.

Reworking the business sounds like too much like hard work when there is an easier route for a simple cash offer soonish.

[winner69]

Do Directors get paid penal rates for weekend meetings?

[Panda-NZ-]

Anouncement today? I want $6.35 today, not 4 years from now. I hope an offer is decided on.

[trader_jackson]

Probably seal it off at $5.50... this is high enough for a dog stock, if holders are really lucky, EQT might even go as high as $6.
EQT seem quite happy to walk away unless a price is substantial reduced is my take... while insto's don't want the chairman getting to upset about not getting to the $7 mark, basically asking him to settle for less, but to settle for something higher than it is right now (which is already elevated due to take over chat like this)

https://www.nzx.com/announcements/355786

$6.00 offer as expected, a real get out of jail card for holders... they should be over the moon to get offered such a high amount.

Metlife will probably try ask for a bit more, bit rich to do so, but might as well try (hopefully won't piss off EQT too much more to simply walk away entirely)

[winner69]

Hey Beagle ...they are going to ‘canvas’ you and me to see whether $6.00 is enough.

Keep near the phone mate

http://nzx-prod-s7fsd7f98s.s3-websit...786/325857.pdf

[Snow Leopard]

Settle for $6.50

[winner69]

I take it that this means NZ Superfund happy to get about $6.00 to $6.20 ...soon

Metlifecare has been advised that the Guardians of the New Zealand Superannuation Fund (NZ Super) is broadly supportive of Metlifecare urgently progressing APVG's NBIO and deferring the special meeting of shareholders in order to do so.

[Balance]

In which case, better get set or get out before market opens on a Monday when an announcement - could be ‘I spray & walk away!’ or ‘we are negotiating’!

So, it is 'We are negotiating'.

Remember folks, first bid is never the last bid.

This has been toooooo easy! 💃🏻🕺

[bottomfeeder]

$6 is too light, especially with no dividend. But this shows they are running scared. I see lots of damages on the horizon, if its not upped to at least $6.50.
Now what am I going to do with the money.