“When the ducks quack, feed them” is a Wall Street proverb cited in print from at least 1991. The adage became especially popular with internet IPOs in the 1990s.
SNK shareholders are not ducks if those info is correct collected from some posts.
Assumption:
1. From company announcement, ASX dual listing by March
2. Listing Regulation SNK.ASX must be 20c
3. SNK.NZ shareholders may transfer shares into SNK.ASX
However, someone said it would be 10c at ASX
If those three assumptions are not dreams, then SNK.NZ shareholders are not ducks, they are duck feeders. Let them feed the OZ ducks,hahahahaha ~~~~~.
I think so. How does it work again? If its Derek or HPF it will require a discloser as it's a change of >1% of a substantial holding. If it's Seadragon or Sorenson it won't though right?
Any shareholder holding over 5% has to advise a movement over 1% (or a movement that puts them under 5%). DH has to advise any movement since he is a director.
Bookmarks