Percy, at your age that could be only twelve months!
The problem facing all of us older chaps.
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Well, according to pumpkinhead shadow minister of SOE (he's more like an eclipse), we have been granted a gift at 1.50.
i agree, thanks to labour/greens nationalisation plan threat
Black Cross a $1.25 would be great and I will be gone to, not sure if that will be realistic though. What are others thought on first day price?
........about time we got something back. Ive just bought part of a power station which we stole off the government and that feels good. Agree we've got ourselves a bargain......just hope the market sees it that way also. Picking $1.15/1.25 opening.
My read of it is that although 'only' 62,000 shareholders, most came through the firm allocation route, in larger lot sizes, i.e. Seasoned investors who are buying as yield play for the long term.
everyone has been scaled, I will be buying my shortfall on any weakness shown in the first few weeks, as I'm guessing will many others.
the key will be the institutions, who have possibly deliberately low-balled the book build, and lie in wait to pick off the weak holders/staggers.
They have been scaled, and it says a lot that the level of institutional scaling has not been declared. The only guidance given is 'substantial'
What will the opening price me? I think it will be $1.00 then slowly go up to $1.05 and die down to 90's cents.
What I'm really concerned about is that this shambles with the asset sales, the supporting of John Banks, etc etc, will mobilise voters towards a Labour / Green coalition. That's exactly what the country needs. Yeah Right !
Im leaning their way .SKC shareholders will be worried; sorry no sympathy from me as im anti gambling. And who in their right mind would support John "i didnt read it" banks?
I have just checked my holding with computer share.I received 10,000 firm from Craig's and have been issued 9,000.
Pretty happy with that.I expect the wife will receive the same.Will most probably add to our holdings when they list.