Hey Rob …where did you get the transcript you originally posted?
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remember folk's most of the posters on this thread are bagholders
superfluous to requirement
Well 70% actually. Doesn't mean I wouldn't rule out 45c or even 40c in the meantime.
Their reduction in development should see a reduction in debt, I also think the property market will improve in the next 12 months in fact outside of Wellington due to Government job cuts, I think we are already seeing that.
superfluous to requirement
Nope, but I have heard the opposite.
21 buyers at 52c for less than $150k of shares or $7.1k average per buyer.
Hardly the big end of town...
What's it costing you? A new main sail. :)
Seriously though, I think it's good buying down here, but it doesn't mean its not without risk or that it wont see 'deeper' value next week...