MEL - Meridian Energy

[McGyro]

Interesting to see if the shares jump straight up the extra 50 cents or take some time to make a new platform.

[sb9]

Interesting to see if the shares jump straight up the extra 50 cents or take some time to make a new platform.

My presumption is that they add 50c to today's closing price and start trading under new ticker "MEL" and let the market do its thing from there....happy to be corrected though.

[Joshuatree]

Nice runup today as i was hoping; have sold enough to pay for instalments and to plan a little for poss uncertainty re tiwai pt announcement on July 1 or 31

[Joshuatree]

No sales yet for MEL .Buy $2.43 , Sell $2.49.

[sb9]

Yeah, don't think anyone would want to sell than $2.50 me thinks....time will tell. I think this will be close to $2.75 very soon in my opinion.

[sb9]

Well, first trade gone thro at $2.49...

[rayonline]

Just a question, I bought some MELCA shares just late last year. I don't need to pay 50c more right?

Disregard ..

Please find attached a copy of an NZX Appendix 7 detailing the final
instalment of 50 cents (NZD) per share to be paid on 15 May 2015 by those
shareholders on the company's share register as at 4 May 2015.
End CA:00263026 For:MEL Type:APPNDX7 Time:2015-04-13 14:51:03

[Jantar]

Just a question, I bought some MELCA shares just late last year. I don't need to pay 50c more right?

Disregard ..

Please find attached a copy of an NZX Appendix 7 detailing the final
instalment of 50 cents (NZD) per share to be paid on 15 May 2015 by those
shareholders on the company's share register as at 4 May 2015.
End CA:00263026 For:MEL Type:APPNDX7 Time:2015-04-13 14:51:03

Yes, you got it. You do need to pay an extra $0.50 per share, but the share did go up by more than that today,

[rayonline]

I bought MELCA on the market via ASB. How do they charge us? Do we get invoiced or do we need to keep some funds in our management account or .. ?

[Jantar]

My understanding is that we get invoiced this coming week, and we have from the 6th to the 16th to pay.