Any idea who is going to be underwriting it?
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Any idea who is going to be underwriting it?
Ill bet Craigs is one.
Quadrant shares were in escrow until full year announcment
Then on Mar 6 they indicated to the NZ Herald that they were not about to sell, contary to market speculation
SO what other reason do you need .... sale imminent ..... probably as sparks says
Auadrant not a natural owner of Summerset anyway .... but haven't they done well
Not that I really care (not a holder, especially not one who has bought in since the 6th), but have they breached any rules for misleading the market (does that only apply to the listed company, not its shareholders). I don't think it could be classed as manipulation and not quite a pump and dump.
That was a vey clear statement so I think it would be extremely unlikely they changed their mind in the last 10 days.