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Contract Details

Ikea to announce, before 1 November 2011, plan to open Christchurch store

Ikea to announce, before 1 November 2011, plan to open Christchurch store

Contract Info 
  • Symbol: IKEA.CHCH
  • Last Trade Price: $0.0000
  • Last Trade Time:
    25 Oct 11 12:00am
  • Today’s Volume: 0
  • Average Daily Volume: 0.0
  • Today’s Change:
    NC (0.00%) 
  • Start Date: 29 Jul 11
  • Close Date: 1 Nov 11
  • Status: Closed

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Long Description

This contract pays $1 if Ikea, or a company linked to Ikea, formally announces, before 1 November 2011, plans to open an Ikea store in Christchurch. Otherwise this contract pays $0.

Judging Criteria 

A formal announcement includes a press statement, or public statement to media, but excludes the establishment of a Facebook page, a tweet, or a blog post.

The announcement must be made by Ikea or by a person or company formally linked to Ikea (e.g. through a contract).

The announcement must indicate a non-trivial plan has been developed to open an Ikea store in or near Christchurch, NZ (or within 30 kilometers of the site of Cathedral Square in Christchurch, New Zealand).

An announcement that is conditional on other events (such as receiving resource consent, or securing land) will NOT prevent this contract closing at $1.

iPredict reserves the right to delay closing this contract while it seeks clarification.

Dates in NZ time.

This contract will be closed no later than 3 working days after the Close Date. The Close Date may be extended if the event outcome cannot be determined by that date.