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Originally Posted by percy
Going to be a busy boy.
He is currently a director of Lean Meats Ltd and Atkins Ranch Holdings Ltd, and chief executive of Atkins Ranch — a US retail-focused lamb marketer. He is also chief executive of Progressive Meats, a specialist toll processor of lamb, mutton, goat and beef in the Hawke’s Bay.
Would just about say he might have been headhunted. Probably smaller than Progressive and less moving parts. I wonder if Blue Sky will try to get their Gore beef plant operational again.....
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Couple of weeks until they likely report.
Not a holder but from a SFF perspective, always interesting to see how other companies perform.
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Although someone liked it - actually traded today and up 10c!
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Originally Posted by Sideshow Bob
Seems like a well acceptable result. Holders must be happy as there have been no offers since the annual report was released !
Discl: Not holding
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Hmmmm, put in a trading halt this morning.......pending announcement.
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Originally Posted by Sideshow Bob
Hmmmm, put in a trading halt this morning.......pending announcement.
Any guesses ?
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Originally Posted by iceman
Any guesses ?
If had to guess, then maybe Binxi were having another go at a takeover. They are the largest shareholder with just under 20% now, but tried about 4 years ago and then withdrew their offer after reviewing forecasts, and not receiving OIO approval.
They had 96% acceptances at $2.20. Microsoft Word - NXBinxi-BSM-Offer-Withdraw -310317 fin.docx (usx.co.nz)
Lowe Corp own about 18%, Richardsons own 17% and Blue Star Corp own 11% and can't see any one of these trying a takeover. After this, biggest shareholder is 1% and expect that alot of the smaller shareholders are their suppliers, looking at their share register.
Of course, all pure speculation, and no doubt will be completely wrong!
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And to think I thought they were not worth buying at $1.30...
Wrong again...lol
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