sharetrader
Page 73 of 120 FirstFirst ... 236369707172737475767783 ... LastLast
Results 721 to 730 of 1194

Thread: SeaDragon

  1. #721
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,480

    Default

    Quote Originally Posted by podg View Post
    You are assuming I am a male??? You two must go to AA ... assumptions anonymous. I have kept the wager simple, but I now get the impression that no actual sum of money can top the price of one's reputation. It could also be, if I read between the lines of Apathy's last post, that even he now would concede that SEA will indeed still be trading at the end of next year.
    There have been and there are a few companies which are living deads on the market - kept alive via 'oxygen' being pumped in so they can become backdoor listings.

  2. #722
    Member
    Join Date
    Apr 2016
    Posts
    120

    Default

    of course. I've made one or two tidy profits from companies being taken over in such a fashion. here's hoping for another.

  3. #723
    Member
    Join Date
    Apr 2016
    Posts
    120

    Default

    special trade of 50 million shares this afternoon. who might be buying ... ?? volumes in the past week or so have been higher than average. I could make a guess at who is selling, but on the other side ??

  4. #724
    Member
    Join Date
    Jun 2014
    Posts
    260

    Default

    Quote Originally Posted by podg View Post
    special trade of 50 million shares this afternoon. who might be buying ... ?? volumes in the past week or so have been higher than average. I could make a guess at who is selling, but on the other side ??
    Not hard to work out who is selling but the buying is a mystery for sure. They are big volumes based on historical levels and the price is basically 60% higher than CVT value it.

  5. #725
    Guru
    Join Date
    Nov 2013
    Posts
    3,025

    Default

    Yes - holding up surprisingly well. Maybe people trying to ride CVT coat tails given how well they have done and dont realise that CVT is getting shares at 8c + a nice interest rate in the meantime??

  6. #726
    Member
    Join Date
    Jun 2014
    Posts
    260

    Default

    Quote Originally Posted by Harvey Specter View Post
    Yes - holding up surprisingly well. Maybe people trying to ride CVT coat tails given how well they have done and dont realise that CVT is getting shares at 8c + a nice interest rate in the meantime??
    Agree - its actually hard to keep up with. I was wrong with the comment I passed about CVT using convertible instead of exercising options at .8 to protect share price. Options they have are actually 1.5 cents so only reason for not exercising is they got a much better deal.

  7. #727
    Senior Member
    Join Date
    May 2002
    Location
    Wainui, New Zealand.
    Posts
    923

    Default

    Director sells shares on undertaking to Takeovers Panel

    SeaDragon Limited (NZX:SEA) has previously received enquiries from
    shareholders regarding the sale of relatively small parcels of shares by
    entities associated with Stuart Macintosh (current director). As disclosed on
    26 January 2016, Mr Macintosh was required by the Takeovers Panel to sell in
    aggregate 5,282,125 shares. Mr Macintosh has advised the company that this
    requirement has been met with the sale of 3,551,300 shares on-market on 1
    June 2016, as disclosed to the market today. This sale was completed pursuant
    to an exemption to SeaDragon's securities trading policy and guidelines to
    allow Mr Macintosh to comply with the Takeovers Panel's requirements.

    Mr Macintosh has confirmed his on-going commitment to SeaDragon and has
    advised that he does not currently intend to sell any further shares. Any
    further enquiries regarding these transactions should be directed to Mr
    Macintosh rather than to SeaDragon.

  8. #728
    Member
    Join Date
    Apr 2016
    Posts
    120

    Default

    So that explains some of the volumes last week. Perhaps we will learn more about yesterday's trades sooner, rather than later.

  9. #729
    Member
    Join Date
    Jun 2014
    Posts
    260

    Default

    Quote Originally Posted by podg View Post
    So that explains some of the volumes last week. Perhaps we will learn more about yesterday's trades sooner, rather than later.
    https://www.nzx.com/companies/SEA/announcements/283771 wasn't a long weight and not overly surprising that as soon as trading window opened the founder and former CEO is taking the money and running.

    No "confirming on-going commitment" this time. It really is the miracle stock though - 100% teflon - nothing sticks and nothing impacts price. Until the day it does..

  10. #730
    Member
    Join Date
    Apr 2016
    Posts
    120

    Default

    So fairly predictable on the sell side. But again, would be very interested to know who/what was buying. I understand Forsyth Barr made the trade on both sides.

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •