Market update announced at 16:19 today - so how on earth did the share price jump 10 cents after the close?
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Market update announced at 16:19 today - so how on earth did the share price jump 10 cents after the close?
The market closes at 17:00.
I think I am one of the few people bullish on the warehouse. Good announcement, and the launch of themarket prior to Amazon's arrival has potential. Check out themarket.co.nz if you haven't already. Currently in beta, it really should have been announced to the nzx already.
I thought the announcement was extremely positive.
The big surprise to me was their big debt reduction.
This is been made by better stock control.
I can't remember what is the average volume but the graphic is looking encouraging. Well I try to see something positive since buying almost 6 years ago at $3.70 never went back to that level although I bought it for dividends (small parcel) as a recommendation from Craigs.
But you do have to ask yourself " who is more likely to still be around after Costco and Amazon set up"