Mighty River Power Float
coincides with May 10 2013 Solar Eclipse
A flurry of activity is anticipated
Abundant trading
Dreams of riches
But. And there are buts in this astro-analysis...
 |
| The May 10 eclipse chart created for New Zealand, using Wellington as locality |
The controversial partial asset sale of Mighty River Power is about to become a sharemarket float in New Zealand and Australia on May 10 2013.
Being in the range of a strong planetary event such as an eclipse, the event chart is very influential over events of similar timing.
Being in the range of a strong planetary event such as an eclipse, the event chart is very influential over events of similar timing.
At the time of the exact eclipse - as shown at the top of the eclipse chart - there is:
- a bunching of planets in Taurus -Mars, Mercury, south Node, Sun, Moon
- Taurus is the symbolic signifier of money, income, materialism, assets, sales & one's sense of security
- Jupiter the signifier of excessive or abundant activity is positioned in Gemini - communications
This combination of connected ingredients creates the picture of
a strongly fuelled acquisitive urge initiating a flurry of activity, a very speculative mood, abundant trading
The float is likely to be very popular - despite any or all warning signs -many are likely to fall for this one.
But the leaky flaw in this superficially happy tale lies with the element of water and all its associated esoteric astrological associations when in a difficult phase.
Neptune and Chiron in Pisces territory are at odds with the inflated optimism and fundamental greed generated by Venus in cohorts with Jupiter
And what Venus is doing is of ultimate significance here: Venus is in control of the 5 factors in Taurus.
There is significant potential here for Neptune to bring about a dissolving asset and for people to be confronted with dreams of riches, that indeed turn out to be just dreams.
The ongoing period of global transformation -politically, economically and environmentally also has a role to play in this partial asset sale, since the relevant astrological factors Pluto & Uranus are linked to this eclipse. Any or all of these factors has a possible role in upsetting the apple-cart. A significant aggravation of drought factors in New Zealand is one such environmental scenario indicated.
If this were an Aesop's Fable the lesson would be about how true strength comes from within -not from external sources of empowerment - like money & possessions as a source of security. but even this basic truth will not deter those afflicted with the fatal flaws of greed and blind optimism.
Note on eclipses: an eclipse [ like a New or Full Moon] builds in strength in the days prior to exactitude -and has a potential period of influence over the ensuing 6 months. The eclipse influences can be triggered repeatedly during that period - when other planetary factors emphasise the ingredients
update April 9 2013
Maori are challenging Mighty River Power over water rights ownership [ Lake Taupo is used by MRP for storage ] -this issue has laid under the radar as discussions have been ongoing for some 9 months - report
April 10
Bernard Hickey examines the MRP offer and asks:
What could possibly go wrong?"
Quite a lot, it turns out, if you read the 257-page offer document, as all potential investors should"
Note on eclipses: an eclipse [ like a New or Full Moon] builds in strength in the days prior to exactitude -and has a potential period of influence over the ensuing 6 months. The eclipse influences can be triggered repeatedly during that period - when other planetary factors emphasise the ingredients
update April 9 2013
Maori are challenging Mighty River Power over water rights ownership [ Lake Taupo is used by MRP for storage ] -this issue has laid under the radar as discussions have been ongoing for some 9 months - report
April 10
Bernard Hickey examines the MRP offer and asks:
What could possibly go wrong?"
Quite a lot, it turns out, if you read the 257-page offer document, as all potential investors should"
-report
April 15
Seasoned financial adviser puts his case against buying MRP shares -and business editor Tim Hunter explains why he will buy.
Hawes quotes the risk factors outlined already - including iwi claims, drought
-report
April 15
Seasoned financial adviser puts his case against buying MRP shares -and business editor Tim Hunter explains why he will buy.
Hawes quotes the risk factors outlined already - including iwi claims, drought
-report
update May 8 2013
The share price announcement this evening is at the lower end, being $2.50 in a range of $2.35-$2.80. Just one in four of the pre-registrees has ended up buying shares - report
The only fascinating aspect in this saga is that trading in MRP shares will be available from 12.30 pm - the exact time of the eclipse, as shown in the chart calculated above - making this newborn's journey through life rather confusing & complicated as forewarned in the above analysis published April 7 2013
updates
May 20 2013
Within 2 weeks of issue, MRP share price dips below float offer - $2.48 on May 20 report
May 23 - $2.52
It is evident that few of the "Mums and Dads" touted by the government ended up being earlybird shareholders: instead, organisations & the wealthy were left to swallow up the shares on offer.
John Armstrong The Herald:
The partial float of Mighty River Power is starting to show symptoms of becoming a Mighty Big Headache for National. And there is not a lot the governing party can do about it. -report
May 24 - new low $2.47
May 27 - new low $2.36
May 29 -bouncing around $2.45
Directors buy up shares
June 10 - very low $2.35
June 13 - even lower $2.26 new low
August 5 - $2.37
MRP has never exceeded its float of $2.50 in the period so far since being listed
August 25 - $2.18 low low
September 20 - $2.25
September 2013: news that NZ power co Meridian will also be floated - on October 29 2013 - report report
The omens don't look great for this offering either as the energy on that date is very complicated by the long-term prevailing pattern of upheaval [Pluto square Uranus] which has political, social and economic consequences. These 2 planets are extremely close to their 4th exact angle on the day of listing. The potential for difficulties and negative outcomes is raised by the exact link to the Sun-Node-Saturn-Mercury alignment in Scorpio. This energy does not bode well on many levels -not just the listing of Meridian in the period late October into early November 2013
Oct 10 2013
Now that their shares remain in the doldrums [ hovering around 2.20] MRP want to buy back their own shares ???
October 24 2013
Lukewarm response to Meridian shares
November 2013
NZ government arranges a sell-down of Air New Zealand shares in the same climate affecting MRP & Meridian.
The astrology links are revealing:
MRP -floated on a Taurus New Moon solar eclipse, while Uranus & Pluto approached their 3rd exact 90 degree square
MERIDIAN - floated within the building phase of the November 2013 New Moon solar eclipse in Scorpio & within days of the 4th exact Uranus-Pluto square
AIRNZ - sell-down within days after the November 2013 Full Moon in Scorpio-Taurus and in the context of the close square of Uranus-Pluto.
To understand the deeper meaning and significance of these policies a reading of the explanation of the Scorpio-Taurus implications & their relevance to money, materialism, assets [Taurus]- and the annihilation of such things [Scorpio] read the November 2013 forecast
The deeper meaning and significance of the role of the revolutionary pairing of Uranus & Pluto - includes extremes, massive upheavals, major change, unexpected sudden upsets - and yes the word "volatile" is relevant:
The 2012 phase of Renewal & Massive Transformations Ahead - archived on this site
Revolution & Revelation The Uranus-Pluto Square 2012-2015 -an extremely in-depth report for the advanced reader
Fundamentally, taking into account the energetic profile of prevailing influences , the position that could be concluded regarding the NZ govt asset sale programme in this time frame, is that on account of fast changing global conditions, losses are more likely than gains over the longer term & that these will prove to be significantly risky gambles rather than investments
Use the NZX tracking page for MRP, MELCA & AIR
The share price announcement this evening is at the lower end, being $2.50 in a range of $2.35-$2.80. Just one in four of the pre-registrees has ended up buying shares - report
The only fascinating aspect in this saga is that trading in MRP shares will be available from 12.30 pm - the exact time of the eclipse, as shown in the chart calculated above - making this newborn's journey through life rather confusing & complicated as forewarned in the above analysis published April 7 2013
updates
May 20 2013
Within 2 weeks of issue, MRP share price dips below float offer - $2.48 on May 20 report
May 23 - $2.52
It is evident that few of the "Mums and Dads" touted by the government ended up being earlybird shareholders: instead, organisations & the wealthy were left to swallow up the shares on offer.
John Armstrong The Herald:
The partial float of Mighty River Power is starting to show symptoms of becoming a Mighty Big Headache for National. And there is not a lot the governing party can do about it. -report
May 24 - new low $2.47
May 27 - new low $2.36
May 29 -bouncing around $2.45
Directors buy up shares
June 10 - very low $2.35
June 13 - even lower $2.26 new low
MRP has never exceeded its float of $2.50 in the period so far since being listed
August 25 - $2.18 low low
September 20 - $2.25
September 2013: news that NZ power co Meridian will also be floated - on October 29 2013 - report report
The omens don't look great for this offering either as the energy on that date is very complicated by the long-term prevailing pattern of upheaval [Pluto square Uranus] which has political, social and economic consequences. These 2 planets are extremely close to their 4th exact angle on the day of listing. The potential for difficulties and negative outcomes is raised by the exact link to the Sun-Node-Saturn-Mercury alignment in Scorpio. This energy does not bode well on many levels -not just the listing of Meridian in the period late October into early November 2013
Oct 10 2013
Now that their shares remain in the doldrums [ hovering around 2.20] MRP want to buy back their own shares ???
October 24 2013
Lukewarm response to Meridian shares
November 2013
NZ government arranges a sell-down of Air New Zealand shares in the same climate affecting MRP & Meridian.
The astrology links are revealing:
MRP -floated on a Taurus New Moon solar eclipse, while Uranus & Pluto approached their 3rd exact 90 degree square
MERIDIAN - floated within the building phase of the November 2013 New Moon solar eclipse in Scorpio & within days of the 4th exact Uranus-Pluto square
AIRNZ - sell-down within days after the November 2013 Full Moon in Scorpio-Taurus and in the context of the close square of Uranus-Pluto.
To understand the deeper meaning and significance of these policies a reading of the explanation of the Scorpio-Taurus implications & their relevance to money, materialism, assets [Taurus]- and the annihilation of such things [Scorpio] read the November 2013 forecast
The deeper meaning and significance of the role of the revolutionary pairing of Uranus & Pluto - includes extremes, massive upheavals, major change, unexpected sudden upsets - and yes the word "volatile" is relevant:
Lister [Craig's Investment Partners] said airline stocks were more volatile because they had to ride out the ups and downs in fuel prices, exchange rates, consumer demand and one-off events like the 9/11 terror attacks.
"They can get buffeted around by all manner of things that are beyond their control." - REPORT
To read a fuller societal context analysis involving the social, political, economic & environmental processes of rebalancing and change that historically have been shown to associate with a Uranus-Pluto dynamics - refer toThe 2012 phase of Renewal & Massive Transformations Ahead - archived on this site
Revolution & Revelation The Uranus-Pluto Square 2012-2015 -an extremely in-depth report for the advanced reader
Fundamentally, taking into account the energetic profile of prevailing influences , the position that could be concluded regarding the NZ govt asset sale programme in this time frame, is that on account of fast changing global conditions, losses are more likely than gains over the longer term & that these will prove to be significantly risky gambles rather than investments
Use the NZX tracking page for MRP, MELCA & AIR
