Why? Does it look more attractive than it did at 7c? Why didn't you buy then - I dont hink there has been any news since then.
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It had been heading in that direction for a long time. Getting ranked as the 6th fastest growing company in New Zealand is very positive, even if they are small time. I was pretty impressed with the financial results that they posted at their AGM and have a feeling we're going to see good results next Monday also. If the share price really did fall because of large players offloading shares that they obtained at very cheap prices, and they really have exhausted the majority of those holdings, that can only be good news.
I'm simply thinking about re-entering SNK and am wondering what others think about how SNK are looking at the moment in their own opinions.
looks like good results, sp hit 13.8
Must be scratching the head for selling so cheap!
I think SNK are going to build some solid momentum, and given the growth in the industry their revenues should grow considerably over the next 5 years if they execute well. I'm happy about averaging down on my initial holding when the SP was at 10c recently and if I had another few thousand that didn't have a better home I would probably add to my SNK holding again.
WOW is right. I'm finally in positive territory on this one :) Wish I had bought more when it was low, but was cautious after the history of this stock. Not sure whether to top up now or wait until the results. Looking at how BLT ran up before the result announcement and then fall back after what I thought was a positive results release, makes me wonder what sort of result is being expected for SNK and how the market will receive it.
Might go back and look at accumulating more DIL as that is the only holding of mine in negative territory now.