Quote Originally Posted by CJ View Post
Interesting - that is a big overhang, so this rumour wont do anything good for the shareprice in the short term. Timing isn't good with Meridian coming up but the market in general should be able to absorb - it is a great long term play for kiwisaver funds etc who may have been holding back hoping for a placement.
Yes I thought this was interesting CJ. Probably at least partly explain the "reluctance" in the SP. Have been considering buying shares for months now, to have all 3 retirement, but still haven't jumped in. Can't decide whether to add MET to portfolio or buy more RYM & SUM !