Agree. Good buying at these levels.
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Agree. Good buying at these levels.
I’m all good if it goes lower. I will add more if it goes near $9. Longterm not worried as price will continue to rise.
something in the water
https://www2.asx.com.au/markets/company/mp1
are you referring to megaport upgrade earnings announcement which saw there stock price surge 40%.
If you look at megaport valuation after the surge it is valued very richly now for future growth.
now if you compare what ift paid for there aquisition on similar valuation metrics either megaport is overvalued or ift got a bargain ... you decide
Well what a fine, 3.5 million. The commerce commission dont realise such a great penalty, penalises innocent mum and dad shareholders as well as ordinary nz customers. I think 1 million would have been enough. The Commission can be ruthless trying to get revenue for the government to turn around and give it to the rich supermarkets when gst inclusive price of fruit and vegetables stabilise to a market pricing.
I wonder who will pay that penalty, was it a contingent liability for the previous owners.
Even though I am a IFT shareholder - i dont see anything wrong with the fine. The FibreX branding fiasco was absolutely atrocious BS from vodafone. Quite rightly deserved large punishment.
The fine is deserved; they should just accept it and move on (and avoid behaving unethically in the future).
It was pre-2019 Infratil investment, but a bunch of Vodafone/one management would still be around. If shareholders are unhappy they can express this via the AGM.