Liz Coutts spending wisely for the long term https://www.nzx.com/announcements/413817
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Liz Coutts spending wisely for the long term https://www.nzx.com/announcements/413817
We all know this share will rise over time with interest rates dropping and if sales targets are met. People will live on and OCA will shine. Just which year will they shine 2025 or 2026
I've managed to build a significant position in OCA, holding 1M shares at an average price of 85 cents. My key concern is a potential early takeover at around $1.00 per share, which, despite offering a slight profit, doesn't reflect the company's true value. I believe MET, SUM, or RYM could be interested in OCA for industry consolidation. A takeover at a higher share price would be ideal, capturing OCA's intrinsic value and the efficiencies of a combined entity. Patience is my strategy as I wait for the market to recognise OCA's potential.
Joh13...not wise put all your money in one stock. Spread your risk!!!
Takeover??? Where SuM, Ryman and Met get the money from...all of them are in 30-35% gearing...
$1 takeover offer will be around $800million!!
Gosh....stop dreaming n talking porky....maybe private fundies
maybe the least of your concerns considering 850k you have invested will earn you a little over 2% after tax return while you wait and hope for your takeover/ yr compared to a 6% term deposit before tax current opportunity :scared: madness ?
basing your gamble on an unlikely takeover ( in my opinion ) when all participate's are conserving cash :scared: madness
anyway good luck maybe the price will rise one day over a dollar and you will do very well or maybe it will be 70c and you will have lost big in time and money that is the stock market
When and where did they say that they had put all money in one stock?
A significant position could be 10% of equity funds, meaning a 8/9 million dollar equity portfolio, then property and other stuff.
We don't know.
I would not assume as a holder of 4000 shares to be giving advice to a holder of a million.