Dividend Yield NZ

Hey this is more fun than watching Game of Thrones...TTK the struggling Wellington based company has spurned the SPK takeover offer of 0.80 cents as being "opportunistic" (as you would), even though it was increased from an offer made privately some months ago of 0.60 cents. TTK had hired Grant Samuels to do a valuation which came back as being somewhere within the 1.52 to 2.11 range. Well... SPK apparently thought that was laughable (as they would) and made assorted snarky comments questioning TTK, its board, its previous business dealings and the sanity of its shareholders. Basically saying that they were the only possible outcome and no-one else would be even considering any interest in TTK. Such altruism, such generosity of spirit would be only found in the understanding arms of mother SPK. But wait..just when you thought that hummm...maybe they are right? Vodaphone pops up dragons unleashed and chains broken, and offers 10 million for a 70% chunk of Farmside. (one of TTKs holdings). I cant wait for the next episode.. this is getting good...send me some popcorn!!!

The winds of change...Warren Buffett investing in Airlines...yeh right...interesting article here on why he's changed his iconic stance.
http://www.cnbc.com/.../warren-buffett-investing-why-i...