Thanks for the questions. I think I need to learn to type a bit quicker!!
remember to vote in the Capital return, it's important you have your say.
many thanks
Andrew
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Thanks for the questions. I think I need to learn to type a bit quicker!!
remember to vote in the Capital return, it's important you have your say.
many thanks
Andrew
Thanks for the replies!
I noticed that too :D:D:D:D
I don't understand why capital dividend or dividend are the only choices, when both may be beyond their means and it's acknowledged that long-term security was neglected?Quote:
...arguably we underinvested in the mid 2000's and are now trying to catch up.
I wonder how this will affect KUPE long term, is there going to be a glut of gas on the market?
http://www.nzherald.co.nz/business/n...ectid=11372220
As I understand it, for the capital return to take pace, 50% of actual registered shareholders need to vote, and of them, 75% need to be in favour.
So every SHAREHOLDER vote is important regardless of the number of share held.
On your marks. Get set. Go ---------->>
very easy to vote on line - once you receive the mail.
I have voted yes for 1 of my holdings that was in Fridays mail - hopefully next mail will have the other holding so I can vote before 17th
M
We Just Witnessed The Worst Week For Global Financial Markets In 3 Years.
Checking out above may give the reasons for S/Ps dropping.
Worth considering what may will happen after the C/R exercise is concluded???
So, did the vote to fail?
NZO
17/12/2014 16:49
BUYBACK
PRICE SENSITIVE
REL: 1649 HRS New Zealand Oil and Gas Limited
BUYBACK: NZO: Share Buy Back And Update On Scheme Of Arrangement
New Zealand Oil & Gas intends to put in place arrangements allowing it to buy
back its shares. It will ask shareholders for approval to exempt its major
shareholder from having to sell down its holding if the share buy-back goes
ahead.
No, the meeting is on Friday. The way I read this is that they are also planning to buy back shares and when they do and cancel them, Zeta will creep above 20% which they are not supposed to without a takeover offer, and NZO are asking shareholders too exempt Zeta from staying below 20%.