The arb funds were buying at $6.80 plus - by the millions of shares.
Whoever were selling to them must be crying into their champagne and caviar as they buy back at around current levels.
There is a Santa Claus!
I don't know about them but I know I am MET, the gift that keeps on giving
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
"If some people can't be bothered paying a few bucks a week for behind the paywall access to the Herald, especially at a time like this, then I am sorry but sometimes I simply can't be bothered even posting a brief synopsis.." ...really Rogerthebeagle ?
You all could be forgiven for deducing that Rogerthebeagle is a sales rep for 'the HERALD' I look at many share sites and when links are posted behind 'paywalls' I believe that the poster should pay for us all to read the content. I can no longer call it the NZ herald because for a few years now it has been a very poor version of the NZ 'news' ....but I digress MET has been ridiculously good to me as I was one who sold out to the arbitrage traders and have bought back nearly double my holding for the same amount invested am a but smug right now and look to hold on for another thirty years or so.
"If some people can't be bothered paying a few bucks a week for behind the paywall access to the Herald, especially at a time like this, then I am sorry but sometimes I simply can't be bothered even posting a brief synopsis.." ...really Rogerthebeagle ?
You all could be forgiven for deducing that Rogerthebeagle is a sales rep for 'the HERALD' I look at many share sites and when links are posted behind 'paywalls' I believe that the poster should pay for us all to read the content. I can no longer call it the NZ herald because for a few years now it has been a very poor version of the NZ 'news' ....
"...
You all could be forgiven for deducing that Rogerthebeagle is a sales rep for 'the HERALD' I look at many share sites and when links are posted behind 'paywalls' I believe that the poster should pay for us all to read the content. . ..
Why? If you read an article that refers to other publications either in the body of the text or in footnotes you do not automatically get a copy of the publication to which reference is made. You should expect to pay for it. In your scenario if someone refers to a book, play, movie or game, then they have to buy you a copy or a ticket, or the original author should provide it gratis. You should be grateful that Beagle posted a link to where the information could be bought.
I was getting bored with all that spin about SUM other company and relieved that another one has MET your brief (mine too).
Sadly SUM has not MET expectations
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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Originally Posted by bottomfeeder
MET, the gift that keeps on giving 
MET has been ridiculously good to me as I was one who sold out to the arbitrage traders and have bought back nearly double my holding for the same amount invested am a but smug right now and look to hold on for another thirty years or so.
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