TWR - Tower Insurance.

[Sideshow Bob]

When I look at volume, NZX and Jarden have different info. Eg for Monday NZX shows 481k, whereas Jarden shows 1.6m.

Think Jarden more accurate as I think there was a 1.05m parcel went through!

[Rawz]

Some sort of corporate action is coming folks. Can feel it in my bones

[Sideshow Bob]

Don't know anything about Dent, but not too many other obvious candidates in the top 20?

Screenshot 2024-07-25 081718.jpg

Would be a bit of fun if something did happen (and yet another company off the NZX).

Or is this trying to say that an offer from "Rawz Insurance Ltd" is incoming??

[Rawz]

Don't know anything about Dent, but not too many other obvious candidates in the top 20?

Screenshot 2024-07-25 081718.jpg

Would be a bit of fun if something did happen (and yet another company off the NZX).

Or is this trying to say that an offer from "Rawz Insurance Ltd" is incoming??

Bain capital must be the Dent holding?

Rawz Insurance limited is tapped out with 60,000 shares lol.

Just all these big share parcels swapping hands making me wonder if something is afoot?

Agree though that it would be sad for another company to be gone from the NZX. Not that TWR has been a good long term performer. But the future certainly looks bright.

[winner69]

When you put things like ‘Designated Activity’ in your company name something’s afoot

And they are incorporated in Ireland

[Sideshow Bob]

When you put things like ‘Designated Activity’ in your company name something’s afoot

And they are incorporated in Ireland

To be sure, to be sure......

[winner69]

No gossip in AFR or The Australian yet

[winner69]

I’m relieved that another full moon has passed without a big earthquake

Is Ken Ring still around

[Rawz]

I’m relieved that another full moon has passed without a big earthquake

Is Ken Ring still around

Just found his facebook profile. Might have to follow him. Looks like he knows his stuff.

[bull....]

Some sort of corporate action is coming folks. Can feel it in my bones

maybe ? similar worded statements by amp

"AMP today announced a strategic review to explore options to maximize shareholder value and optimize its capital structure."
Outcome: AMP ultimately agreed to a takeover offer from Ares Management, a US-based private equity firm, in a deal worth AU$6.3 billion.
Similarities:

• Both Tower Limited and AMP Limited used similar language in their statements, mentioning a strategic review to "maximize shareholder value" and "optimize capital structure".

• Both companies engaged financial advisers to assist with the review process.
• Both reviews were supported by significant shareholders.