MET - Metlifecare - one for the fundies?

[Radler]

8% up today on huge volume
Looking good - especially as DRiP was $3.10

[troyvdh]

giday..was that trade at 1706 just a simple mistake....

[777]

giday..was that trade at 1706 just a simple mistake....

Done at the weighted average at time of order. Closing WA 349.59. Lot of sales at close of 360 would have brought it up to that figure.

[Jasemc]

Would infratil buy the rvg shares since they have canned their share buy back?

[MACX]

On the money Jasemc, check out today's AFR article suggesting both Infratil and Todd's are interested parties in this stake.

[CJ]

On the money Jasemc, check out today's AFR article suggesting both Infratil and Todd's are interested parties in this stake.

Interesting isn't it. If they buy more than 20%, they have to do a takeover offer for at least 50% dont they. Or we could see Infratil and Todds splitting the amount being offloaded so as not to trigger a takeover?

I also wonder if Australian retirement operators would be interested for a bit of locational diversity.

[CJ]

Interesting isn't it. If they buy more than 20%, they have to do a takeover offer for at least 50% dont they. Or we could see Infratil and Todds splitting the amount being offloaded so as not to trigger a takeover?

So IFT is buying 19.9%.

All 37% is being sold at $3.58 which is a 8.5% premium to the 30 day VWAP but below the current MV.

Will be interesting to see who takes up the other 17% - assume it will just be insto's.

https://www.nzx.com/companies/IFT/announcements/242862

[CJ]

Will be interesting to see who takes up the other 17% - assume it will just be insto's.

Got that Wrong - its the superfund. I wonder why I didn't think of that.

http://www.sharechat.co.nz/article/8...tlifecare.html

[CJ]

So CJ what do you thing about this share - its up 30% in the past month.

CJ: I think it is a great share.

Disc: I'm so ronery
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[Radler]

i'm loving all the gains - especially another 8% today