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13-08-2020, 11:33 AM
#3911
Member
Originally Posted by Ogg
If the takeover doesn't happen by the 10th, I'm gonna organise a coup d'état and roll Martin.
We miss you John.
Last edited by Quantitative Easing; 13-08-2020 at 11:37 AM.
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13-08-2020, 11:34 AM
#3912
Originally Posted by Quantitative Easing
Since the share price is so low it could easily be a hostile takeover like how Suncorp tried to buy out tower few years ago.
Hostile - too hard these days with our regulatory framework.
But perfectly probable that someone will go for 20% first to establish a foothold and blocking stake to start the negotiations.
25c to get first 20%?
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13-08-2020, 11:59 AM
#3913
Originally Posted by Balance
Hostile - too hard these days with our regulatory framework.
But perfectly probable that someone will go for 20% first to establish a foothold and blocking stake to start the negotiations.
25c to get first 20%?
Technically it was vero who tried to takeover tower (I was a tower shareholder and employee at the time).
They stopped short of hostile takeover by grabbing 19.99% of shares to block Fairfax from succeeding with their $1.10 per share offer.
Sure, a similar approach could happen here. Though the Comcom blocked vero in the end - so I wouldn’t recommend this approach for a company like IFT.
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13-08-2020, 12:01 PM
#3914
Infratil AGM today at 2:30
https://www.virtualmeeting.co.nz/agm/ift20/register
["When's the Sky take over happening"] Ctrl+C
Ctrl+V
Ctrl+V
Ctrl+V
Ctrl+V
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13-08-2020, 12:03 PM
#3915
Originally Posted by Ogg
Settle down a bit, its not until next Thu 20th Aug.
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13-08-2020, 12:05 PM
#3916
the cakes might be getting a bit stale by then
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13-08-2020, 12:06 PM
#3917
Originally Posted by sb9
Settle down a bit, its not until next Thu 20th Aug.
O yeah, lol.
["When's the Sky take over happening"] info@infratil.com
Send
Send
Send
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13-08-2020, 12:13 PM
#3918
blue Skys smiling at me,
nothing but blue Skys do I see...
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13-08-2020, 12:26 PM
#3919
Where did the rumour of takeover start? Lots of speculation on the thread, but can't see any original source for it...
???
Ogg seems absolutely convinced...
Last edited by Oliver Mander; 13-08-2020 at 12:27 PM.
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13-08-2020, 12:30 PM
#3920
Originally Posted by SylvesterCat
Where did the rumour of takeover start? Lots of speculation on the thread, but can't see any original source for it...
Mista started it all. He's desperate for one to happen. Been going around emailing everyone.
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