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  1. #2731
    Member
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    Jul 2017
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    Auckland
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    241

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    Are we going to see 3.1+ for the 1st time

  2. #2732
    Member
    Join Date
    Mar 2006
    Location
    Northland, , New Zealand.
    Posts
    139

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    More than 22 mil Shares have changed hands today so far

  3. #2733
    Member
    Join Date
    Apr 2005
    Posts
    182

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    Cash raising at 2.2 cps? Won't that send the price sharply back to that level?

    EDIT: Yup, down it goes
    Last edited by Caesius; 28-08-2017 at 12:24 PM.

  4. #2734
    Banned
    Join Date
    Aug 2017
    Location
    Wellington
    Posts
    446

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    Same Class Equity Offer (Share Purchase Plan)

    1:12pm, 28 Aug 2017 | OFFER


    Whats this all about then? https://www.nzx.com/companies/NTL/announcements/306269

    oh ffs.
    Last edited by Fatboyj; 28-08-2017 at 12:20 PM.

  5. #2735
    Member
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    Jan 2015
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    355

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    What could the money be used for? Is NTL not fully funded?

  6. #2736
    Member
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    May 2014
    Posts
    132

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    How do we know how many shares are available? i.e. how can you calculate the effect of dilution if the share quantity on offer isn't valid. I see it is limited to $15,000 max per shareholder, but if every shareholder had on average $15,000 of shares then worst case scenario the share value could be diluted by 50% of course it wont....... just a hypothetical.

  7. #2737
    Member
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    Jul 2017
    Location
    Auckland
    Posts
    241

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    Anyone know why the recent trades column is not updating with these figures?

  8. #2738
    Member
    Join Date
    Sep 2009
    Posts
    331

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    Quote Originally Posted by Antipodean View Post
    What could the money be used for? Is NTL not fully funded?
    Private school tuition fees for Executive director families don't come cheap!

  9. #2739
    Member
    Join Date
    Apr 2005
    Posts
    182

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    Hmm. Jumping on the negative bandwagon, could this be their last attempt to get some cash before less than stellar results released?

  10. #2740
    Alley Cat Brain's Avatar
    Join Date
    May 2013
    Location
    Hoagy’s Alley
    Posts
    1,055

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    NTL must think the shares must be fully priced at these price levels or they would have waited and done a SPP at a higher price.

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