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BRICKS says NO..
BRICKS says NO,, to many ifs and buts and lacks CASH if a real buyer comes along for this company he will need CASH.. and only CASH..
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Originally Posted by BRICKS
BRICKS says NO,, to many ifs and buts and lacks CASH if a real buyer comes along for this company he will need CASH.. and only CASH..
WELL lots of comments yesterday and not one comment from members..
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I think these Canadian is prepared to loss some money~ I am tempted to sell mine to them at $3.655 then~ wait a while to get some more back cheaply~ hehe
Is that a wishful thinking?
Make everything as simple as possible, but not simpler.
--- Albert Einstein
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Originally Posted by BRICKS
WELL lots of comments yesterday and not one comment from members..
Bricks
Morrison will sort this circus out. AIA has a price, and whatever happenings going forward you can guarantee one thing. AIA will not be sold for anything other than its full value.
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Originally Posted by Viking
I think these Canadian is prepared to loss some money~ I am tempted to sell mine to them at $3.655 then~ wait a while to get some more back cheaply~ hehe
Is that a wishful thinking?
you've lost me - you can't sell to them unless they make an offer and it is successful, and even then you'll only be able to sell 40% of your stake (or maybe a bit more if there is a shortfall)
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Member
Originally Posted by Viking
I think these Canadian is prepared to loss some money~ I am tempted to sell mine to them at $3.655 then~ wait a while to get some more back cheaply~ hehe Is that a wishful thinking?
Well if you do accept the offer, and it's successful, the company that you will be able to buy into later will have changed its character in one significant respect - it will have been loaded up with debt.
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Originally Posted by Viking
I think these Canadian is prepared to loss some money~ I am tempted to sell mine to them at $3.655 then~ wait a while to get some more back cheaply~ hehe
Is that a wishful thinking?
ANOTHER KIWI day dreamer and wakes up at NIGHT..
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I am really day dreaming~
I guess all these blood on the ASX floor has got to my head~ :P
But wouldn't that thought be what's happening in the market place~
During the last couple of offers we had, everyone trying to pick up some AIA but the kiwi market~ as soon as the offer suspended, the SP went straight down~ another words, the market is really saying: "The company worth whole lot more if you (foreigners) want to buy, but if you ask me, I won't put up the money for that price". Now that really beats me~
Last edited by Viking; 21-11-2007 at 06:22 PM.
Make everything as simple as possible, but not simpler.
--- Albert Einstein
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Exactly , the kiwis dont want to sell it , but they dont want to buy it either.
Very annoying the way they keep rubbishing the offers , fact is though do we really want the price dropping back to 2.50?
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Originally Posted by Toddy
Bricks
Morrison will sort this circus out. AIA has a price, and whatever happenings going forward you can guarantee one thing. AIA will not be sold for anything other than its full value.
Despite the exemption the CC has provided to him, I still have my concerns about Morrison and his impartiality given the 66% holding IFT has in Wellington Airport.
Over the years he has made some scathing comments about AIA and its monopolistic position. I really hope he remains both professional and impartial on the board of AIA, and makes decisions that are best for AIA shareholders.
DISC: IFT & AIA holder.
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