Australian Connection and Special Offers
My mother was born in Australia and I’ve been there more than a few times. And other than the compulsory Sydney and Melbourne visits, West to Perth during the America’s Cup, and North to Brisbane and the Whitsundays on other occasions.
Home, home again,
I
like to be here when I can,
When
I come home cold and tired
It’s
good to warm my bones beside the fire.
Pink Floyd classic from Dark Side of the Moon
- 1973
My mother was born in Australia and I’ve been there more than a few times. And
other than the compulsory Sydney and Melbourne visits, West to Perth during the
America’s Cup, and North to Brisbane and the Whitsundays on other occasions.
If it wasn’t for the incredible sailing grounds from Whangaroa through the Bay of Islands, to Great Barrier, to Waiheke, the Great Mercury Island to Tauranga leg – and
lots of other things here like the South Island and skiing, I might well be there now.
What Australia does have though - and New Zealand in comparison lacks - is
underground lies incredible mineral wealth, and on top a far larger population.
Exposure
to Australian investors
I’ve known Steve Torso, the Co-Founder and Managing Director of Wholesale Investor, for many years. And
recently when I was thinking about a few of the Offers we have, I realised some would appeal
to a large proportion of his subscribers.
So here are a couple of our Offers that that we are in the process of promoting
in Australia via Wholesale Investor. Any “Wholesale Investors” regulations
there for participants are almost identical to ours.
Pictor
Here’s a business that has international appeal. Its products are patented and
the company has enjoyed substantial New Zealand government funding. The initial
Offer made through TBK Capital was heavily oversubscribed. The owners
subsequently agreed to make more shares available here in New Zealand and
postponed the planed U.S. launch.
The recurring nature of the Covid19 pandemic has led to Pictor to launch two
versions of its COVID-19 IgG antibody test to expand its already large market
reach into India and the U.S.A. It is also in discussions with the
international vaccine alliance, GAVI, on undertaking a pilot trial to
demonstrate how Pictor’s test can be used to identify persons who will only
require one vaccination. My last newsletter is a must read; email me for a copy of the IM.
Southland
Silica
Here’s a business that has exclusive lease access to 7,500 hectares of land in
the South Island that contains an inferred Ore Reserve of 50,000 ounces of Gold
- a mineral that has been in demand for ever - and remembered now mainly
by the gold rushes of 1848 in California and not much later, 1851 in Australia.
It’s not the gold however that makes this land so valuable but the inferred 50
million cubic metres of high purity Silica used in the manufacture of the next
generation of batteries – that’s opening international markets for our client.
See my last newsletter on this Offer here.
This is something Australian investors will really understand and a major
incentive to expand our investor market into Australia and vice versa.
Interest
rate returns to investors
It’s fascinating to look back at New Zealand interest rates for the period 1966 – 2008 and the graph of the official cash rates from when
that measure started until now. The highest was 67.32% compared with the lowest
(now) of 0.25%. (Yes I did have to look that up again; an all-time high
of 67.32% in March of 1985 and a record low of 0.25% in March of 2020).
While low fixed interest rates are of benefit to borrowers, investors looking
for regular returns from term bank deposits are faced with
disappointment.
While TBK Capital is more involved with clients wising to borrow money from
lenders, rather than to invest in lenders, we do follow “deposit” rates for
investors seeking regular fixed income.
A recent article in Stuff magazine notes that term
deposit rates are rising but an increase in inflation means it is unlikely that
conservative savers will see any real benefit and could even slip further
behind.
Special
offer
Meanwhile I’ve received a copy of a special offer from a finance company here
for whom we’ve raised investor finance before.
Those of you making investments of $500,000 or more, confirmed in the next 2
weeks, will now be eligible to participate in their convertible note, an offer
normally reserved for wholesale investors making investments of over
$1,000,000.
This offers a preferential coupon yield of 14 -15% p.a. paid monthly (or
ability to have capitalised and compounded monthly). The terms are 3-5 years
with an option to convert at year 2 at a pre-agreed valuation. Security is by
shared First Ranking GSA over NZ Fintech Group Limited and subsidiaries.
Email me for more detailed information.
.............................................................................................................................................................................................................
Any
reference above to investment is not an offer of financial products that
requires disclosure under the Financial Markets Conduct Act 2013 (Act) and is
available only to wholesale investors as defined by that Act. It
is intended for distribution only to selected people to whom, under the
relevant laws, it can be lawfully distributed. It cannot be distributed in any
other jurisdiction, or to any other people. It is not an offer or solicitations
in any jurisdiction in which such offers or solicitations are not authorised,
or in which the person making such offers or solicitations are not qualified to
do so, or to any person to whom it is unlawful to make such offers or
solicitations. Any representation to the contrary would be unlawful. No action
has been taken by any person that would permit a public offering in any
jurisdiction where action for that purpose would be required.
Cheers
John
Paine B.Sc., Dip BIA
TBK Capital Limited
Level 10, 120 Albert Street
Auckland 1010, New Zealand
Phone +64 9 307 3257
Mobile +64 21 902 901
Email john.paine@tbkcapital.co.nz