Quote Originally Posted by biker View Post
I don't think the 'Mums and Dads' ( I hate that condescending term) interest will now really affect the success or otherwise, of this IPO. There seems to be very good interest from Brokers clients already. This would indicate that some of the risks may not be as poignant as the media and Brian Gaynor are indicating.
The market alone will tell in due course.
Disc. Have been allocated what I wanted from my broker, which is a reasonably substantial holding.
I take your point(s)
Brokers etc have an allocation to sell, so would give the best spin they can.
Tiwai is still there !! Under Contract !!!?. well, Contracts can be/and are broken.
Lab/Green rantings.... Not very helpful at all.
The Waitaki infrastructure is getting close too, or passed it's useby date.
Canals etc. leaking.
'NZ power capacity in surplus
Not really a long term hold.
BB