MET - Metlifecare - one for the fundies?

**winner69** · 20-08-2021, 09:08 AM

NTA now $8.64 ---- what did it sell for --- about $6 wasn't it

**dabsman** · 20-08-2021, 09:09 AM

Just makes me feel ill. Incompetent spineless board

**Rawz** · 20-08-2021, 09:10 AM

Originally Posted by winner69

NTA now $8.64 ---- what did it sell for --- about $6 wasn't it

Outrageous. Thought people went to jail for stealing

**Bjauck** · 20-08-2021, 09:11 AM

Originally Posted by winner69

Because they still hve bonds listed on NZDX .....MET010

...all that is left for NZ investors after those canny Swedes persuaded the NZ Superfund and a majority of directors to panic sell the ordinary shares for a reduced song.

Thanks for the information W69.

**Balance** · 20-08-2021, 09:27 AM

Originally Posted by Rawz

Outrageous. Thought people went to jail for stealing

To be congratulated - they played a great game and WON.

**Beagle** · 20-08-2021, 10:14 AM

Originally Posted by dabsman

Incompetent spineless board

Agree 100% but its time to move on. NTA up 23% in the last year in line with the property market so there's really no new news here.

**dabsman** · 20-08-2021, 11:39 AM

Originally Posted by Beagle

Agree 100% but its time to move on. NTA up 23% in the last year in line with the property market so there's really no new news here.

Yes that's why I'm pissed. That is MY 23% haha. As you say nothing to see here and that money went into others that will have returned the same or better. Still doesn't fix the structural problem we have with our sharemarket

**Balance** · 20-08-2021, 11:42 AM

Originally Posted by dabsman

Yes that's why I'm pissed. That is MY 23% haha. As you say nothing to see here and that money went into others that will have returned the same or better. Still doesn't fix the structural problem we have with our sharemarket

Could have reinvested the proceeds in the other retirement village companies and come out just as well?