Shouldn't go below 79 should it?
Printable View
could do , esp if the democrats win lol
anyway i see aged care workers in aus just got a 15% payrise , looks like getting slaves opp's i mean carers to come to NZ IS going to get even tougher
Aged care workers are getting a 15 per cent pay rise
https://www.abc.net.au/news/2022-11-...ough/101631292
Volume of offers at 80c building up relentlessly?
Needs a big buyer to to turn the sentiment towards the upside.
Or for the big seller(s) to bail out with a big crossing of several million shares at say 78c?
Meanwhile, property prices in NZ continue to drop relentlessly :
https://www.interest.co.nz/property/...ing-qv-figures
So far this year the national average value has declined by $113,000, with the biggest decline of $198,000 or 18%, occurring in the Wellington Region, followed by Auckland -$193,000 or 12%, Tauranga -$129,000, Hastings -$112,000, Palmerston North -$112,000, Napier -$110,000 and Hamilton -$95,000 or 11%.
Those figures and the current rate of decline suggest that by end of this year, average dwelling values in Auckland and Wellington could have declined by more than $200,000 during 2022.
mthly bollinger has lower band at 70c this week
comparison of caregiver hourly rates nz - av $26
aus av $ 30 -$40
and need to add on the 15% pay rise aussie just got + potential for more to come apparently and you can see most migrants will head to aus first or in fact leave nz to go to aus :scared: care assisttant crisis coming .... no cabbage available either for residents to expensive now :scared: arv and oca most exposed .... no wonder nobody wanted to buy bupa
Do you think the declining daily volume, especially since October, to a now measly daily average of 160k shares, supports the theory of institutional sellers selling down?