As I said a little earlier, EVERYONE is ignoring my question as to whether this company has now matured into a slowing growing mature blue chip stock.
And for the record Winner, its obviously a completely spurious and inappropriate observation, (yes it appears its easier to being out the worst in some people than others) comparing a listed company in a different sector in the first three years of its listed life (OCA) with a blue chip company that's been listed for ages but just for your edification I went back on MSN money as far back as the chart would go and in April 2004 it appears ATM started trading at it was 27 cents on 30/4/2004. Three years later on 30/4/2007 it was just 10 cents so had lost nearly two thirds of its value in the first 3 years of its listed life. As recently as 2009 it was still losing money
http://nzx-prod-s7fsd7f98s.s3-websit...489/116019.pdf.
Its early days for OCA but I think they are building a base for growth and are currently priced by the market as though they are never going to grow. FYI I have a 7% portfolio allocation to them and am not emotionally attached. If I don't see reasonable growth over the next 4-5 years I will take the appropriate course of action.
In the meantime there's the expected yield of about 4.7% per annum, unlike with ATM eh :p