rules here are weak for investors in nz. you could have brought in aus before the halt went on for the news look at the volume traded
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OIO approval needed & I cant see significant strategic assets like WIAL being allowed to be sold offshore, even if it is just to our cousins across the ditch....
Up $1.22 to $7.30......
Congrats, sold mine along time ago and have dithered about getting back in. One small influence was the brokers.They didnt seem to like Morrison and co ,the managers of Infratil and pointed out the large management fees Morrison extracted amongst other things.
It would be sad and unwise to see some of assets especially renewable ones go offshore. I guess Morrison and co would have a clean sheet to start investing and managing a new company all over again.
Yes regarding the brokers always being down on IFT
Maybe because they couldn't keep up twith IFT 'competive 17 per cent returns
Regarding volumes traded prior the volume was lower than average the previous week
As I noted though the trading pattern through the day was different
Easier said than done, of course. Which is why the Aust fund wants to grab IFT and its established investments.Quote:
I guess Morrison and co would have a clean sheet to start investing and managing a new company all over again.
Forget personal greed for a moment, this will be a massive loss to the exchange