Got bored at Note 14.
Best bit of the the information pack: Page 20 'End'
best wishes
Paper Tiger
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I am not impressed by this "strategic review" of tower businesses by the management - GPG is behind this all. They want to break tower into small pieces and sell it! What a shame.
Yeaph, Exactly what I think and thats why I sold out a little while back when they were still at 1.70. Feel they have no idea where they are going with this.. For me, this holding is a little bit like NZO, huge potential but bad management stuffing it up. Would like to be investeted in both have pulled out due to lack of my confidence in managementh :(
It goes ex-div on Wednesday 13th June so you buy today or tomorrow if you want a refund on your new purchase.
You would appear to be in a minority on this, which does not make you wrong.
We may well be heralding you as the great tower prophet who made a profit further down the track.
So do you have your fill of TWR or are still busy buying?
best wishes
Paper Tiger
belgarion Papertiger is correct the record date is after the ex date NZX recently adopted the ASX system
Or is the broking community not rating them highly as there must be at least a small chance they will get some shares cheaply in a institutional book build/fire sale should GPG not be able to find a cornerstone buyer.
Another attempt by "Stock and Share Trading Company Limited" to pick up some cheap shares from unwary holders - at $1 per share!
No free post reply this time, unfortunately!
I assume you are referring to the fact ACC just did a notice that it is a 5% holder.
Do you think the announcement was strategic on their part. I haven't seen any big volumes going though so they have gone from just below to just above. Are they 'signaling' to the market that they think it is undervalued and that they support the stock. ie. they could have stayed below the radar but they choose to go just above the disclosure requirement.