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  1. #2901
    Member bottomfeeder's Avatar
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    At the time they invoked the Mac clause, no one knew where the Covid thing was going to end here or around the world. It could have been far worse, and may still be, but NZ has proven itself to be able to at least get a handle on the spread. So invoking the MAC clause, was reasonable business sense. The value of MET could have gone down to $4. Subsequent events, have shown that the value has largely been maintained. MET is still an attractive long term investment. So a $6 bid is understandable. Results will be out soon. Maybe we should say $7 or nothing and claim damages to recoup our costs. I for one would like to stay in this investment long term.

    Either way this is going to carry on for some time. I want a dividend now.

  2. #2902
    Update Ready To Install
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    Quote Originally Posted by King1212 View Post
    Patience is the key...for those that don't have n want to remain in the sector....OCA is the cheapest one.
    But you dont have any do you?

  3. #2903
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    Paywall article: "Metlife investors expect more from Swedish suitor"

    https://businessdesk.co.nz/article/m...swedish-suitor

  4. #2904
    Legend Balance's Avatar
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    Quote Originally Posted by JohnnyTheHorse View Post
    Paywall article: "Metlife investors expect more from Swedish suitor"

    https://businessdesk.co.nz/article/m...swedish-suitor
    Whatever it is, put it to the vote and let shareholders decide.

    Given that institutions now own most of the stock, should not be too hard to get a number and a decision for shareholders to vote on.

  5. #2905
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    Quote Originally Posted by Balance View Post
    Whatever it is, put it to the vote and let shareholders decide.

    Given that institutions now own most of the stock, should not be too hard to get a number and a decision for shareholders to vote on.

    https://www.nzherald.co.nz/business/...95&&ref=topbox

    And so it goes...on and on and...
    Last edited by Raz; Today at 04:57 AM.

  6. #2906
    Senior Member King1212's Avatar
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  7. #2907
    CEO Butch Analytics Ltd winner69's Avatar
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    Quote Originally Posted by King1212 View Post
    ......but September will be the true test the headline says

    MET valuation ot just dependent on what’s happening today but how the valuers see the future
    “Just consider that maybe the probability of you being wrong is higher than you think.”

  8. #2908
    Senior Member King1212's Avatar
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    Yesterday is history, tomorrow is a mystery, but today is a gift. That is why it is called present

    The current data showed rebound...the future is no one knows

  9. #2909
    Legend Balance's Avatar
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    Quote Originally Posted by King1212 View Post
    Yesterday is history, tomorrow is a mystery, but today is a gift. That is why it is called present

    The current data showed rebound...the future is no one knows
    Especially when the ‘experts’ have got the market so wrong up to now.

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