WDT - Wellington Drive Technologies

[Wai Wai]

Smart Shares (NZX) have been sitting on the market for nearly 2 years Now finally out of the way

[Dassets]

End of Superlife's time as an owner. Been selling for 3 years. Was always a weird owner imo. These lines were the end.

[sunnysleeper11]

End of Superlife's time as an owner. Been selling for 3 years. Was always a weird owner imo. These lines were the end.

Were they a large holder at one stage? How long for? Thanks

[sb9]

As per latest disclosure, seems a though Jarden bought about 4mln+ shares on Friday 13th Nov.

[sunnysleeper11]

As per latest disclosure, seems a though Jarden bought about 4mln+ shares on Friday 13th Nov.

Wow - you're in the know! A bit closer to the action than most it would seem. Thanks for the info

[whatsup]

End of Superlife's time as an owner. Been selling for 3 years. Was always a weird owner imo. These lines were the end.

From memory they were a holder from 10 years ago out of Aussie I think, good supporter of the original founder Ray Thompson circa 1980's Ray died last year and so they must have decided to exit.

[Flugenbear]

Great topup buying for me on Friday, up 10% already , not bad for a weekend end.

Just wait for the capital raise next quarter. I hope they don't give then away like they did the last 2, when I think they could have set a higher price and still been fully subscribed. But my guess is will be 3. something cents. Have been a strong believer for many years and I just hope they can get through the next year, as the overall picture is still encouraging take away the COVID...

[Dassets]

Superlife owned 28% in 2015. It is a fund manager bought by NZX. The original owners thought it was a good idea to go massive in a stock that was small and relatively speccy.
They have been a seller from the mid 20s. The way the position was exited was painful and not the way many would have done it. Anyway that selling is over now. SSH out this am. Superlife now holds 0.000000%.

[kiwimalayalee]

Summary for BNP Paribas Nominees (NZ) Limited and Smartshares Limited For last disclosure,— (a) total number held in class: 24,885,576 (b) total in class: 431,914,620 (c) total percentage held in class: 5.762% For current holding after ceasing to have substantial holding,— (a) total number held in class: 0 (b) total in class: 431,914,620 (c) total percentage held in class: 0.000% Details of transactions and events giving rise to ceasing of substantial holding Details of the transactions or other events requiring disclosure: On-market sale by Smartshares Limited as manager of SuperLife Invest, of 24,885,576 ordinary shares, for a total consideration of $1,453,873.49, made during the period 29 September 2020 to 16 November 2020.

Tsk tsk tsk...

[kiwimalayalee]

I don't understand the new update in announcements on the nzx for WDT