Forum Archive Index - April 2004

[Barrel Scraper <scraperofbarrels@yahoo.com.au>]

yep, nice trot..but not worth anything until you sell   :-)

 

Norgate holds approx 13%, then he wants 37 and a bit % of holders to sell to him or

"If Rural Portfolio Investments was
not successful in reaching this target it would review its existing
shareholding in Wrightson with a view to exiting."

 

I appreciate that a lot (prob most) holders have a lot to gain from this offer, but , there is always the possibility RPI won't meet their target... again..

Does anyone think this might happen and what would be the effect of a selldown ?

The option of shares in RPI would have to be attractive allowing for an indirect holding in Wri - or maybe keep a hand in both pies ?

 

By the way could someone define a " redeemable preference share" ?

 

Maybe their is a bit of a cynical tangent to this post, but I am training myself (as a budding fundamentalist) to look at threats - which can be a hard thing when one has " fallen in love" with a company  :-)

 

To this end I have particularly enjoyed the to and fro of the MUL thread.

 

cheers guys

 

Karen: enjoy your posts, Thanx.

 

 

 

 

 

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