Mik

Here for free equity research.

[Mik @MikeyHike]

Please read this @mtpennycook

[Vicky Spratt @Victoria_Spratt]

EXCLUSIVE from me @theipaper - Labour's leasehold reform could be watered down due to Treasury nervousness

So, why does it matter?

This is about whether or not to cap ground rents

It affects nearly 5 million leasehold homeowners

And the housing market in a BIG way

[Mik @MikeyHike]

@puppyeh1 @bowtiedstocks A shameless grab for headlines, declared right in the middle of a trading day for maximum press; a profound disrespect for the capital markets.

[Mik @MikeyHike]

@fabreres @Comlbr24 Fucking morons.

[Mik @MikeyHike]

@fabreres @Comlbr24 It’s either negligence or dodgy politics, but that gives Cosette greater flexibility to drop it by just not answering the question.

[Mik @MikeyHike]

@fabreres @Comlbr24 They are waiting for Cosette to confirm they would shut the plant (which they will confirm). Then the scheme gets blocked and mayne have the options to sue Cosette for not pursuing best efforts to close.

[Mik @MikeyHike]

@fabreres Insane, can any company can threaten to shut down all Australian operations to escape an acquisition they've gotten cold feet about?

[Mik @MikeyHike]

@SloppyDave How the stock is almost back to pre-judgement price makes no sense

[Mik @MikeyHike]

@fabreres Cosette is unlikely to reject reasonable conditions to close given the potential for more legal costs; a minor recut would make more sense.

[Mik @MikeyHike]

@fabreres By waiting, FIRB is allowing the court to firmly cement the buyer's obligation to acquire the company, making Cosette's subsequent rejection of "reasonable" conditions much harder to defend in any renewed litigation.

[Mik @MikeyHike]

@kingdomcapadv How much did Acosta & musk sell for?

[Mik @MikeyHike]

@fabreres Appreciate your work king 🫡

[Mik @MikeyHike]

@fabreres Is this good or bad?

[Mik @MikeyHike]

@afneil Please run as a politician, I have no doubt you would be very successful and make the country a better place