Virtual meetings are all one way .....no real interaction with shareholders
Dont think they will hear the beagle bark
My feeling is its just a formality.
The big shareholders are voting for and will carry along enough votes to easily obtain 75% of votes cast.
After this I suspect the parties will agree to go to mediation-both parties have good reason to avoid a long uncertain legal battle.
A lower price will be agreed-not less than 10% of the original offer-which is the lowest offer I would consider accepting.
My feeling is its just a formality.
The big shareholders are voting for and will carry along enough votes to easily obtain 75% of votes cast.
After this I suspect the parties will agree to go to mediation-both parties have good reason to avoid a long uncertain legal battle.
A lower price will be agreed-not less than 10% of the original offer-which is the lowest offer I would consider accepting.
I hope you're right. No point in me working myself up into a lather over this. The big boys will carry the day. I'm just going to go with the flow and hope this gets settled in due course.
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
Holymoly Beagle...even in the pre-digital age when I was at law school we managed to find most of the key precedents on an issue in a few hours or so...
Holymoly Beagle...even in the pre-digital age when I was at law school we managed to find most of the key precedents on an issue in a few hours or so...
Down 17 then up 3. Very nervous market at the moment. Funds selling down, but price being maintained. No one knows what is going on. Direct being a half an hour behind doesn't help.
NBR says MET should refund the wage subsidy seeing they keep raving on well they are doing.
But few individuals and companies have no moral compass so rort the system.
I was told the story about a joiner whose been flat out since lockdown eased and doing bloody well he said and the wage subsidy helped and he kept his 7 employees on. Taken out one of free loans from IRD and bought himself a new Ute. He’s a clever guy with no moral compass and won’t charge any of his completed jobs until next week ...that way he can claim poverty and get a extension to the wage subsidy. He says he’s going to keep the extra subsidy money in the bank and pay the free loan back next year....loves the govt as he’s got a spanking new Ute.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
I have a restaurant tenant, who are not opening on Wednesday and Thursday, no doubt wanting to qualify for the continued wage subsidy. Government way too generous.
Reply With Quote
Originally Posted by winner69
Bookmarks