5 directors have brought over 600k of shares in the past week ish... certainly can't be a bad thing
I have a strong feeling dividends will shortly be back on the table
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5 directors have brought over 600k of shares in the past week ish... certainly can't be a bad thing
I have a strong feeling dividends will shortly be back on the table
Up 4.3% today, haven't seen that in a very long time
This is a good initiative
Hopefully get rid of some the dodgy drivers off their books ...or make them pay more
Stuff the do gooders ...businesses must make money
https://www.rnz.co.nz/news/business/...-law-professor
Why the negative energy towards Tower Winner? This also makes the roads safer over time.
It isn't even new, Tower has had a similar app for a few years, they have just upgraded it.
Apple, Google and Facebook have similar data. At least Tower are governed under NZ law so if we collectively decide this kind of surveillance is not for our society, it can be outlawed.
So SALT's been selling more shares.
https://www.nzx.com/announcements/364579
Between the 2nd and 15th they have sold another 4.5m. Over this period 11.1m sold on the NZX, so SALT contributed about 40% of the sale side volume over the last couple of weeks. Despite this, TWR has gone from 62c on the 1st Dec to 73c on the 15th Dec (72c today). Pretty good going to have an increasing price as someone is actively selling down.
This points towards further upside when SALT stops selling.
The category 5 Cyclone Yasa currently heading for Fiji presumably has the potential to add the the high claim rate suffered since 30 September:
https://www.abc.net.au/news/2020-12-...arama/12988514
For the sake of all Fijians and TWR shareholders, here’s hoping it changes course before it is due to hit later Thursday.
Basically Salt was running money for AMP. AMP has decided to be passive so Salt has to reduce. Same in NWF and, in part why there is so much stock coming out. Actually including all the other stock. A bit of a normal occurrence