Maybe in talks with Wellington City Council
Printable View
Maybe in talks with Wellington City Council
I'm not expecting a drag on the SP like the Voda deal. This transaction puts IFT into the 10 billion dollar club which opens a number of other doors.
Will Jarden have these placement shares available? Had a look a little while ago and nothing.
Thanks Goose.
What sort of scaling are we expecting on these? Normally end up with a fraction of what I ask for.
https://www.nzherald.co.nz/business/...PX2NQXTTS4BUQ/
Paywalled. Exciting times ahead. And will push IFT into global indices. So very different to the Voda raise.
"CDC is positioned for growth"
https://infratil.com/news/infratil-a...-equity-raise/
Presentation advises that total new shares expected to be 13.5% of current issued capital, and that they will try their best to issue shares to retail holders for their pro rata share of the new shares issued. Assuming share price holds up when trading halt lifted, then suggest applying at this level (135 additional shares per 1,000 currently held). Little point in applying for more unless share price tanks over the next couple of weeks.
Hi. If you're interested in my take of Infratil's plans for CDC, you can find it here: https://justthebusinessjennyruth.substack.com/
Little NZX has pumped out 750k shares already on its own this morning.
Let's see what happens when the big boys join the action when the ASX opens.
Shares trading well above the placement price :)