GTK - Gentrack

[Roberto]

If you can't spell "forecast" in your market announcement, you probably deserve a 13% drop in SP...https://www.nzx.com/companies/GTK/announcements/253360

[trackers]

Can I say "I told you so"? ... Sorry but I did try to warn people.

Well done belg...this is a shocker

[psychic]

that shorter sure was smart cookie

lol classic. Probably one of the unhappy Customers...cunning

[couta1]

Can I say "I told you so"? ... Sorry but I did try to warn people.

Stagged it for a meal at the local Indian plus a nice bottle of wine

[percy]

Stagged it for a meal at the local Indian plus a nice bottle of wine

Well done Couta1.
Belgarion.I should of listened to you.[did do with FIN, thanks]
Read the prospectus.Thought they had a good sound history,and were/are paying a dividend.
I was wrong,so sold on the open this morning.Luckily I only had 1666,yet I had considered a week ago of buying more.
Always a good wake up call when you get the odd one wrong.!!!!!

[goldfish]

And im out, happy with 6.5% for the morning. Was hopeing for more but no one went broke taking profit.

[couta1]

Put bluntly: if you're there for the long haul - You need your heads read! Stag and run like hell!

(Note how I used your and you're correctly?)

Give credit to a man when its due

[Cobber]

Big volume traded yesterday and today.
Would appear to be a lot of mugs with large cheque books.!!!

Amazing how 5 days can make a big difference. I bet they wished they left their cheque books in the top drawer now.

[RGR367]

Why would owners ever sell? If you have the golden goose, you'd keep it right? Every time owners sell at IPO I'm highly suspicious.

Doesn't every owner sell in some form or another when they open for IPO?

[Harvey Specter]

Doesn't every owner sell in some form or another when they open for IPO?

no. If you own 100% of a business worth $50m, and you raise $50m of new cash, you now have 50% of a 100m business. The amount of money you have at risk is still the same (that assumes the IPO is priced right).

Compare that to a person who sells 50% of their $50m business who now has $25m in cash which is more than enough if your remaining 50% holding doens't do that well.