MET - Metlifecare - one for the fundies?

[macduffy]

Buying a few more RYM on market is looking more attractive to me than MET's SPP.

[CJ]

Buying a few more RYM on market is looking more attractive to me than MET's SPP.

I think SUM looking the most attractive at the moment.

MET is 3.14 so unlikely they will get much of the $10m if this continues.

[Jasemc]

I think SUM looking the most attractive at the moment.

MET is 3.14 so unlikely they will get much of the $10m if this continues.

ok wise people is it worth buying into the share purchase plan?

[CJ]

ok wise people is it worth buying into the share purchase plan?

Mmm Not sure. At current prices I wonder if SUM is the best buy at the moment

[Blendy]

I tend to agree. I was going to go in for the SPP, but have instead topped up on SUM at these prices. Also, having just done an assignment on SUM for an MBA paper swayed me as well

[Jasemc]

What's up with MetLife going up. Thought with spp that it would hover around 3.10?

[Jasemc]

Must be a big buyer of a tide. Maybe dividends are going to happen.

[CJ]

What's up with MetLife going up. Thought with spp that it would hover around 3.10?

The increase makes the SPP more of a sure thing.

There are some small trades so maybe people buying in to take advantage of the SPP but a few big ones too.

[Jasemc]

Yes a few big ones makes me wonder.

[Bjauck]

ACC may have dropped below the 5% SSH level but it has actually increased the number of shares it owned. Reading the SSH announcment, it now has 10,163,500 shares cf 9,370,091 previously. I am presuming it took part in the institutional placement and then sold some later. It has actually committed more funds to Metlifecare. I am still debating whether to take part in the $3.10 SPP - this ACC announcement may help me decide to take up some but perhaps not the full $15,000.