Market must be assuming Bremworth going to spend/waste all that cash
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Who would have thought that BRW share price would be the same as SML …37.5 cents
Just one of those meaningless numerical quirks
Looks that way .. but what does the recent past track record say ? ;)
Hope they're working doubly hard on carving up those tailored carpet squares in time for the fancy retail contingent in their suits & ties with matching bling to start snapping them up, when those intended targets have accumulated enough coin to add a few further squares to their flooring collections in the hobnob suburbs of urban better to do :)
Poor Tony up above must be looking down rather bemused over whats going on, in the aftermath following his departure from the productive & yielding pastures of a Cavaiier's fields where all the sheep as far as the eye could see were glowing with golden auroras in the bright sunshine and all those who toiled hard and took special interest were well rewarded back then 3 or 4 times a year ;)
Back in Tony's day a low wool price was a godsend with which golden rewards could be spun with ease, no foreign woolpullers about ready to take over the fields, and no imitation yarns much ready to unravel across the suburban hobnobville to destroy the golden dream.
It's a sad day when the spinners struggle to pull out a good natural wholesome yarn, the beancounters have difficulty unravelling & counting the knots to produce sustainable rewards past the occasional extraordinary events which require numerous meetings with Mr Insurer (another foreign outfit) to try to determine what has been forfeited for the medium future out of the latest event; how the most recent unfortunate calamity should be spun out to those patient watchers who took an interest, but have been left with empty plates for more moons than the Boardroom has seen coffee servings ;)
While this has been played out, the marauding foreign spinners have been weaving up a golden storm and claiming the Grand Cavalier's former green fields & golden sheep for their own, unnoticed by those in the Cavalier's chamber totally distracted by all the calamities in their midst ;)
The competition
"Godfrey Hirst workers 'anxious and frustrated' as they take strike action over pay"
https://www.rnz.co.nz/news/national/...ction-over-pay
The company is either rubbish at keeping shareholders informed or rubbish at concluding discussions with insurers