“They could just wait and use the creep provision which allows them to buy 3% every half without launching a takeover”

Quality At Value - Value Investing In Shares · Vasily Arkhipov Day: QAV AU #953

Play from 12:29
12:29

Audio streams from the publisher’s own feed. Verbatim does not host or copy it.

What was described

uses the creep provision of the Corporations Act to increase its shareholding by 3% every half-year without launching a takeover

3% every half-year; currently holds roughly 20% of Challenger

Said nearby on the same subject

“Automate the percentage of that increase directly into investing or salary sacrifice it into your super before your lifestyle creeps in.”
♫
Said on Dev Raga Personal Finance
How they work Share this moment
“Labour costs make up about 70% of the flow of spending of a centre; increasing wages raises the underlying costs of provision”
♫
Said on The Cato Weekly Podcast
Why it worked 70% of centre spending is labour costs Share this moment
“We will pay a provision, a fee, for us as a scouter, to these boutiques, like an introduction fee”
GB
Giuseppe Balzano
Buyers and Builders ·
Business model Share this moment
“We wrote an open letter ... tender offer price was at 6,700 ... I felt fair value was at least 30,000 Korean won per share ... zero shares were tendered ... controlling shareholders then pursued enhancing corporate value”
RA
Ryan Albert
The Acquirers Podcast ·
How they work Tender offer price 6,700 KRW vs fair value estimate 30,000 KRW; contro… Share this moment

Moments like this, every Monday

The strongest new moments on your topics, in the speakers' own words. Free for three topics.

No card. No password. One-click unsubscribe.

Track a competitor?

Pro watches up to 25 names or phrases and emails you the morning after they are said.

See Pro, $29 a month

Verbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.