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16-04-2020, 11:43 AM
#1701
Originally Posted by bottomfeeder
Each dollar they can save per share, saves a buyer nearly $200,000,000. 20% less than $7 saves about $280 mill. I will pick that figure, so I see a takeover proceeding at $5.60. Based on that market value will go to $5 very quickly.
$5.60 wouldn't get my vote but $6.30 would.
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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16-04-2020, 11:44 AM
#1702
Originally Posted by Beagle
$5.60 wouldn't get my vote but $6.30 would.
It's going to go back to $5 in a matter of time anyway when the arb funds finish selling (they cannot sell forever).
http://nzx-prod-s7fsd7f98s.s3-websit...669/320802.pdf
Last edited by Balance; 16-04-2020 at 11:50 AM.
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16-04-2020, 11:58 AM
#1703
There's an increased chance of the $7 takeover going through imo as the markets have bounced back in the past couple of weeks and things are looking fairly promising for the retirement sector again. I'd say it's gone from a 5% to 25% chance.
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16-04-2020, 12:07 PM
#1704
Originally Posted by Balance
Yes I noted that the other day. They still have quite a few to sell but I have been working on my patience levels in recent years and can easily wait them out.
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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16-04-2020, 12:11 PM
#1705
Its like the old joke, we now know you are a prostitute, the discussion is now only how much. I hope that doesnt sound sexist, I have been trying very hard over the past few years to be really sensitive about those things.
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16-04-2020, 12:27 PM
#1706
Member
And I haven't totally dismissed the possibility of "some sort" of success with a legal claim against Asia Pacific Village Group Limited either.
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16-04-2020, 12:30 PM
#1707
Originally Posted by bottomfeeder
Its like the old joke, we now know you are a prostitute, the discussion is now only how much. I hope that doesnt sound sexist, I have been trying very hard over the past few years to be really sensitive about those things.
I didn't see any reference to your preferred gender of service provider there, so you should be sweet.
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16-04-2020, 12:38 PM
#1708
Originally Posted by bottomfeeder
Its like the old joke, we now know you are a prostitute, the discussion is now only how much. I hope that doesnt sound sexist, I have been trying very hard over the past few years to be really sensitive about those things.
There are male prostitutes ....
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16-04-2020, 12:41 PM
#1709
Seen the back of the $3 handle do you think? If AIR can do it, surely this one can grow some wings and take off...
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16-04-2020, 12:50 PM
#1710
Been reading on other threads about sharsies and other new investors looking at sharetrader. I never really followed MET, because it always seemed to be at top dollar SP. It was only when I saw a lot of talk here on sharetrader abiut MET on both sides of the fence, that I started to accumulate. Looks like I am into a winner. Thanks guys and gals. Pride does however go before destruction so wont get too excited yet.
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