Looks like the resigned CEO dumped his 7m shares
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Looks like the resigned CEO dumped his 7m shares
Good article in Spinoff about IOT in New Zealand. Starts with beekeeping (who knew?) but ranges much more widely into opportunities in the sector, including some of what is already happening.
https://thespinoff.co.nz/partner/spa...ns-of-dollars/
IOT Its wider & more useful than most people realize
7-12-17
Chorus IoT proof of concept underway
Chorus has today announced that it is underway with a proof of concept for a LoRaWAN (Long Range Wide Area Network) Internet of Things (IoT) network.
The proof of concept was undertaken in Takapuna and Torbay on Auckland’s North Shore. It makes use of Chorus' existing street network assets to provide localised, deep network coverage which enables sensors to communicate with the IoT network from what would typically be hard-to-access locations, such as underground wastewater or sewage pumping stations.
https://company.chorus.co.nz/chorus-...ncept-underway
.....prefer half glass full myself. "Massive purchaser has entered the registry".....there had to be a serious purchaser of WDT for this number of shares to change hands. No way could you "dump" this number of WDT on the open market without totally crashing the SP, which hasnt happened. I wonder who the new owner is.....possibly East Wast increasing their holding in readiness for full takeover at these crazy low prices??
Good Lord, what a ride...
Supposedly not Greg Allen as he doesn't have that many shares
https://stocknessmonster.com/announc...dt.nzx-356763/
Smart Shares (NZX) have been sitting on the market for nearly 2 years Now finally out of the way
End of Superlife's time as an owner. Been selling for 3 years. Was always a weird owner imo. These lines were the end.
As per latest disclosure, seems a though Jarden bought about 4mln+ shares on Friday 13th Nov.
Just wait for the capital raise next quarter. I hope they don't give then away like they did the last 2, when I think they could have set a higher price and still been fully subscribed. But my guess is will be 3. something cents. Have been a strong believer for many years and I just hope they can get through the next year, as the overall picture is still encouraging take away the COVID...
Superlife owned 28% in 2015. It is a fund manager bought by NZX. The original owners thought it was a good idea to go massive in a stock that was small and relatively speccy.
They have been a seller from the mid 20s. The way the position was exited was painful and not the way many would have done it. Anyway that selling is over now. SSH out this am. Superlife now holds 0.000000%.
Summary for BNP Paribas Nominees (NZ) Limited and Smartshares Limited For last disclosure,— (a) total number held in class: 24,885,576 (b) total in class: 431,914,620 (c) total percentage held in class: 5.762% For current holding after ceasing to have substantial holding,— (a) total number held in class: 0 (b) total in class: 431,914,620 (c) total percentage held in class: 0.000% Details of transactions and events giving rise to ceasing of substantial holding Details of the transactions or other events requiring disclosure: On-market sale by Smartshares Limited as manager of SuperLife Invest, of 24,885,576 ordinary shares, for a total consideration of $1,453,873.49, made during the period 29 September 2020 to 16 November 2020.
Tsk tsk tsk...
I don't understand the new update in announcements on the nzx for WDT