I hate to think how much money shorters will lose today, but I bet they had made a lot of money ramming this stock down as well.
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I hate to think how much money shorters will lose today, but I bet they had made a lot of money ramming this stock down as well.
Balance's statement is correct and you can shunt. But even if you do not shunt, you can buy on the NZX to limit your exposure. When Aussie opens you can then buy on ASX and sell on NZX simultaneously (brokerage is pretty much irrelevant these days). Thus it is quite possible that shorters are exiting their positions by purchasing on the NZX.
good to see jane sticking to investing in the company instead of the pandering to short term share price movements
Time to really put the shares on the bottom drawer now and not to worry about accumulating it anymore. I got heaps for best comfort as I might even consider this becoming a bit like a boring stock already :)
Good on ya Couta and others who hold with conviction. :t_up:
I was heavily considering topping up further in the last few days, but lack of action in the last few days put me off (and slipped from my mind with other stuff). Some is better than none!
Nice ASM, well conducted and love all those bullish updates.
Gotta love Jayne's response re CEO and senior management selling question. Kudos to the team, they deserve to be rewarded for all their hard work.
My tp is to be in the vicinity of $20 by 1H results in Feb'20.