MET - Metlifecare - one for the fundies?

[Oliver Mander]

LOL. I see ARV is at an all time high, (hard to believe TJ hasn't commented on that already today).
Lovely fairly tale for this time of year my furry friend but I suspect an $8 billion market cap company like RYM would find the takeover going of a $1.3 billion market cap company, MET, a little easier than a relative minnow market cap of $541m Arvida or $609m market cap OCA trying to take over a company more than twice their size.
SUM merger, $1.7 billion market cap still my favourite theory by SUM small margin but RYM also a real possibility.

Ahhh Beagle me old mate, never let the facts get in the way of a fairytale!!
(its ok - I do realise the relative size difference, tongue planted firmly in cheek)

[RTM]

Dividend isn't high enough for me in the event that nothing happens and I'm left holding them for a bit longer.
Watching enviously from the sidelines…..good luck all.

[winner69]

I think it bad if Summerset were the interested party ...speaking as a shareholder of both.

[couta1]

Dividend isn't high enough for me in the event that nothing happens and I'm left holding them for a bit longer.
Watching enviously from the sidelines…..good luck all.

Its like any lottery, you have to be in to win especially when the chances are high.

[BlackPeter]

Just had a left field thought, probably miles off the mark but who knows. Maybe its Ryman ? The way their share price has been going lately and with their massive 3.5 times share price to NTA, they could possibly have the most to gain ???

Well, in that case as MET shareholder I probably would not fight hard to avoid a 1:1 conversion to Ryman shares ; I could then sell these new Ryman shares and swap them for SUM

[Beagle]

Mana from heaven. Somehow at the close they filled my small top up order for a few thousand more at $5.92 despite not closing there...go figure but I am not one to look a gift horse in the mouth

[winner69]

Mana from heaven. Somehow at the close they filled my small top up order for a few thousand more at $5.92 despite not closing there...go figure but I am not one to look a gift horse in the mouth

Tinny bugger ...but they say the market didn’t ‘close’

Whatever take the gift.

[winner69]

Wondering how much influence The Queen is having behind the scenes as the sale unfolds....or maybe she’s behind this

NZ Super Fund guys help The Queen in these matters.

[Balance]

Tinny bugger ...but they say the market didn’t ‘close’

Whatever take the gift.

There was obvious buying today in anticipation of an announcement anytime now.

Be a bit of a bugger for those looking to top up towards market close today if the announcement comes out tomorrow morning!

[winner69]

No news so far this week

I think tomorrow is crunch time one way or the other