I assume everyone elses new shares are now issued? SP hanging in there at 1.06 - 1.07 and not a huge amount of volume so far...
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I assume everyone elses new shares are now issued? SP hanging in there at 1.06 - 1.07 and not a huge amount of volume so far...
I see the current pricing as stable/at a level where it will remain, at least until after the Challenger transaction completes shortly.
The Capital Change Notice has been published, but as a holder I am still awaiting the updated holder statement from Link. Maybe later today or Monday.
The ASX trading in the new issue doesn't commence until Monday. The insto take up seems to have been strong and they have less incentive to take a quick profit at current levels anyway.
My new ones are showing on link site.
Mine too. Oddly, ticked up to 1.07
I've just received my entitlement confirmation from Heartland.
I had to manually alter my holding in Jarden Direct to show the new shares.
Share price under pressure today with ASX trading available for the retail issue. AU$0.95 and NZ$1.03.
Never mind. I believe the Challenger acquisition is scheduled to settle on Wednesday. Lawyers on both sides of the Tasman doubtless burning the midnight oil tonight and tomorrow evening. However it is this will be an unprecedented event for New Zealand. Let's hope it is/turns out to be a red letter day, rather than a red number occasion!
What is book value after this cap raise?