SPK- Spark NZ (TELCO)

[tim23]

[Not according to Grant Samuels valuation 80c is way too cheap!QUOTE=bull....;661632]Good on spark for not increasing the bid would have been way overpaying for the asset.[/QUOTE]

[Major von Tempsky]

I'm more interested in what they do next with TTK bid 80c aint going to cut it

Well TIM23, TTK shares are currently (morning of Wed 5th April 2017) crossing at 80cps....care to comment?

[Bobdn]

Well as a Spk shareholder all I can say is, I hope Spk is not cutting off our nose to spite our face. It is happy to spend how much of our money on Lighbox? $20 million to $60 million? (not sure about the cost, think its something like that) But is passing up an opportunity to buy a nifty fibre optic network at a reasonable price.

[couta1]

A huge transaction of over 40 million shares just went through at $3.65. Massive volume for the day so far of over 47 million shares ,someone's keen.

[sb9]

A huge transaction of over 40 million shares just went through at $3.65. Massive volume for the day so far of over 45 million shares ,someone's keen.

Here it is..

10

274

3:12:03 pm

365

40,105,344

$146,384,506

Off Market

[JoeGrogan]

Here it is..

10

274

3:12:03 pm

365

40,105,344

$146,384,506

Off Market

Wow thats an awfully large amount.

[couta1]

Wow thats an awfully large amount.

Paid a premium as well, VWAP was under $3.61 until that transaction.

[percy]

Paid a premium as well, VWAP was under $3.61 until that transaction.

Did you have to mortgage the ranch,or did you sell it?

[winner69]

Wow thats an awfully large amount.

Hope craic didn't push the wrong buttons and bought more than he intended.

Even craic doesn't want 2% of Spark

[couta1]

Did you have to mortgage the ranch,or did you sell it?

Whoops, forgot to add they. PS-Ranch currently submerged.