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18-07-2024, 10:09 PM
#9721
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18-07-2024, 10:17 PM
#9722
Member
Originally Posted by kiwimalayalee
Been trying to buy up some at .019 for the last 3 days.. why won't it get filled up..? I see people ready to sell...
You may have better luck buying some rights (NTLRG) at .001 then exercising them before expiry for .018
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19-07-2024, 08:12 AM
#9723
Nice to see some new names on the NTL chat - gaining momentum I hope
Note: Rights trading ends 22 July
Closing date for application and payment 26 July (7pm)
Shares allotment NZX 2 Aug, 5 Aug ASX
Plant deal was announced 18 June, and had 60 days to finalise, so rights timing makes that comfortable.
Indicated 7-8 weeks plus customs clearance to get it here, so commissioning will hopefully start end Sept - any ideas how long that would take?
I have assumed rights will be successful :-)
Last edited by Landyman; 19-07-2024 at 11:25 AM.
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19-07-2024, 12:56 PM
#9724
Junior Member
Actioned my Rights yesterday but have had no confirmation from Computershare. They ask to contact them if "no confirmation recieved within the same day of application", have tried thatand they say I'll get a reply within 5 working days.
Has anybody else had the same issue with Computershare?
Screenshot 2024-07-19 074641.jpg
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19-07-2024, 04:47 PM
#9725
Why are people buying from market at 0.019 when they could be improving the prospects of the company and their shareholding by buying rights and giving the 0.018 difference to the capital raise? Must be too complicated for some.
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19-07-2024, 04:56 PM
#9726
Originally Posted by lurna
Actioned my Rights yesterday but have had no confirmation from Computershare. They ask to contact them if "no confirmation recieved within the same day of application", have tried thatand they say I'll get a reply within 5 working days.
Has anybody else had the same issue with Computershare?
Screenshot 2024-07-19 074641.jpg
Hi lurna
Has your issue been sorted?
Feel free to email me john@newtalisman.co.nz if you are still having problems.
John Upperton
NTL Director
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19-07-2024, 05:20 PM
#9727
Member
Sellers were keen to sell, and I was keen to buy right now. Happy I was able to grab quite a bag full worth.
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19-07-2024, 05:54 PM
#9728
Junior Member
Originally Posted by jonu
Hi lurna
Has your issue been sorted?
Feel free to email me john@newtalisman.co.nz if you are still having problems.
John Upperton
NTL Director
Thank you John, 5.45pm Friday and nothing yet. I have e-mailed you direct.
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19-07-2024, 05:58 PM
#9729
Originally Posted by haewai
Why are people buying from market at 0.019 when they could be improving the prospects of the company and their shareholding by buying rights and giving the 0.018 difference to the capital raise? Must be too complicated for some.
It's probably a merry go round. Seller needs the cash to convert the rights. The same shareholders eating the same pie.
So neutral to NTL from a cap raise point of view.
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20-07-2024, 08:14 AM
#9730
Junior Member
I purchased my allotment plus an extra 200,000 (all I could afford right now) on Thursday. The conformation email came through only a few minutes later. Hopefully your issue is sorted quickly and no one else is having issues
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