Interesting reading about KCS! http://www.asx.com.au/asxpdf/2015011...1xgk54tght.pdf
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Interesting reading about KCS! http://www.asx.com.au/asxpdf/2015011...1xgk54tght.pdf
Get in quick - only 4(?) days to go. ;)
got some in Nov when it first came out.. it's risky but backing NZ company and I do like its design..
Given Jenny Morel is quitting 54% of her stake I think I'll follow her lead - that is increase my distance from MACL.
Also given KSL is likely to own 55% of MACL the question needs to be asked if there is there more to be made in investing in KSL direct rather than back dooring though MACL.
I have little interest in investing in MACL, even less interest in investing in a Chinese company
Are they selling down or is that just dilution? Is that a recent change with the new major shareholder or was that always going to happen?
Just quoting the spam I get on this - they have obviously bought access to a few mailing lists.
on stuff today
http://www.stuff.co.nz/business/indu...et-for-liftoff
Sorry. I should be more specific. The prospectus at page 7 says she intends selling 268419 shares or 53.7% of her existing holding. Not 54% as I stated
Oh, and love the press release. Apparently the jetpack can carry up to two passengers as a first responder. Wee porkies like that don't get past me but will other potential investors