Reckon will have to be north of $1.80 probably $2.20ish I reckon.
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Reckon will have to be north of $1.80 probably $2.20ish I reckon.
Very well played by Mr Duke, acquiring at a 30% premium to market shows how they perceive this stock to be well undervalued. Excellent strategic move.
I hope it's north of $2.20, plenty of value to be gained even at that price. Emphasis on 'hope' tho.
Will be interesting to see which instos sold. With NZSuper holding a huge amount, they could put him over 50% pretty much by themselves.
I wonder what the ratio of cash to scrip would be?
Glad I purchased some a week ago
Guarantee there will be a real positive announcement shortly after offer is made.
Will be along lines of a fantastic early start to winter, the sales have gone exceptionally well and we expect full year earnings to be about $25m to $30m
(I did the sums after h1 and got $10m to $15m but that was before the fantastic start to winter)