Absolutely no difference at all.
If you buy the rights they will probably take the extra $6.5 from you at the same time.
Best Wishes
Paper Tiger
Printable View
Thanks PT
much appreciated
BB
It's no surprise that EBO shareholders vote overwhelmingly for the Symbion merger.
http://www.stuff.co.nz/business/indu...e-Symbion-deal
.....but leave a few for the rest of us, percy!
:cool:
Yeah right>>>!!!!
Don't think there will be many to spare,but worth a try.Can only tie up our money for a few weeks at worst.
ps.macduffy you did alert me to the fact we could apply for more.I was speaking to my Craigs broker,who couldn't believe that EBO were encouraging shareholders to apply for extra.Laugh,he said sounds like Wellington Drive>>!!!!
Story on the TV News said they would be the 3rd largest company on the NZX by revenue after the takeover - behind Fonterra and Telecom.
Wow!!!
Yes very much Wow!!!
I think the next two or three years are going to be very exciting and rewarding for EBO shareholders.The combined business will be able to cross sell products.Sales and distribution will result in better use of staff,buildings, stock,systems and management time,and capital.There will be large savings made.They will go on to become even bigger, and as always with EBO, better. The animal health area should be just, or even more exciting,both here and in Australia..
There will only be 146.6mil shares on issue.With Zuelig holding 40% any intos wanting to buy a holding will drive the share price up.As you point out it will be NZ 3rd largest company by revenue, and any index fund will be buying.Being health sector I think we will see overseas funds buy into it.I expect Australian funds to be keen particulary when the list in Australia.Maybe Zuelig will sell down some time,but I expect there will be plenty of buyers.Existing holders will be loath to sell any shares.Very tight share register.
Of note in today's news, more to acquire yet:
http://www.stuff.co.nz/business/indu...e-acquisitions