tnz whooped all posters on hotcopper, page-6

Biffy,
I don't understand your post.....if you are replying to my post No....63.
PWT own 60 % ??? of their own shares.
The share buy back means this concentration is going up.
There can never be a hostile takeover.
It is an industrial stock that has more than doubled its turnover in 5 years............which is excellent.
The fact that there are no HC posts is an EXTREMELY good sign.
That is when you should be buying.
And conversely be selling when there are 20 posts a day.
I haven't studied the accounts .....had to invest within 24 hours of holiday departure......but I expect that when I do I'll find that when depreciation is totally written off this company is going to spin off cash.
Hence the relaxed time horizon of % years.