Hope not, but would have some possible synergies with vodafone
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.. and down she goes ...
While it is still early days - MA 200 is at $4.73. SP dropped last week under this line, tried to recover on Friday but didn't quite make it. Down again today.
Sure - just one TA signal, but ignore at your peril ... feels there might be anyway too many fees and hype baked into today's share price.
Looks like we get the SPP shares at 4.65, but likely to be scaled back pretty heavily as 2.6x oversubscribed.
https://www.nzx.com/announcements/355430
Looked like SP was manipulated down to get cheap shares ?
Was a bit worried I had applied for more than I really wanted so not too unhappy about the scaling.
Competing offers for Australian Renewables player Infigen Energy puts interesting perspective on Tilt’s valuation.
Also, what are the odds on IFT wading in with a competing offer with their half billion of cash as a down payment? Having said that, not exactly Morrison & Co.s modus operandi to publicly scrap over investment acquisitions rather than concluding a deal behind closed doors.
That was disappointing, I only got 11% more shares in the capital raise.
Was anyone different to that?