Hear hear.
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Another month passes and again the market demonstrates its more 'attracted' to SUM than to OCA .... the trend since OCA listed continues.
I know many of you will say such a measure is useless and meaningless and a load of the proverbial .... but I think it's intriguing and if nothing else its a beautiful chart
Must mean something
Wish OCA would hurry up and get back to $1.60 as SUM will probably be over $20 by then
Ok if you held IFT shares @ 8.32 would you sell and buy OCA at .93c?
Chances of OCA to double in price seems Possible, chances of IFT doubling in price ? Not sure. Good div return tho.
Since they arrived on the market, there are many who doubled down on a theory that OCA would double faster than many shares, including myself and they are all still waiting. Luckily I had to sell some OCA amongst other shares at $1.50-$1.60 to buy a house. Still waiting to see this share bounce higher than $1.80. Maybe 2025, maybe 2035
well some cities are experiencing tight land availability should keep those apartment suite prices up ..
Wellington property owners stung with double the average rates increase - NZ Herald
Me too on current trend. OCA overdue for a lift