You would hope that the Govt as >50% holder of AIR would make AIR held to a higher level than My Food Bag or BurgerFuel.
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You would hope that the Govt as >50% holder of AIR would make AIR held to a higher level than My Food Bag or BurgerFuel.
That was what I thought as well. ASB Depth info showed 1.3M buys vs 666k sells. The special offer of 53c runs for 4 weeks. Whilst the price now is about $1.25NZ I wonder how much this would fall until the end April ..... People could exercise their rights anytime until then. It's not like one could buy today at 53c special offer and sell today at $1.25NZ hahah.
Govt support of this co makes punters bold (and stupid)
They are piling in.....its a sure bet...
I was commenting on the appropriateness and integrity of how the marketing was directed.
But I don't know what chart you are looking at. Burgerfuel's IPO price was $1.00 back in 2007. It's share price went nowhere but down for years and only got back to its listing price in 2012. I see it got up to 3.5 in 2014 after some news about subway and milford investing but has tanked since then. chart looks like a near perfect parabola.
trading at 33 cents.
another shocker with aggressive marketing towards retail investors was Moa.
Sp holding up over 9 million traded.. they love this stock.