New ATH $6.65
Maybe $10 isn’t a pipe dream after all
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New ATH $6.65
Maybe $10 isn’t a pipe dream after all
I think we are on the way there. Looking past the short term I am optimistic about the brand value of Glassons and its ongoing strong growth in Australia. Such a big market, (more than 5x N.Z.) and market penetration so far is quite modest with sales slightly behind N.Z. so far...but that won't stay that way for much longer ;)
I think this is more than a yield story and much more than a trading range story and people who recently sold thinking the historical high of ~ $6.40 was where it would top out are going to be very surprised.
One thing is for sure. I am not selling !!
I am fighting the urge to do a Couta1, maybe resistance is futile lol. (I already have a very fulsome position).
Perhaps its my imagination but it looks like liquidity and volumes are improving in recent times which if so, won't do their chances of inclusion in the NZX50 in due course any harm.
The share price in recent years has been quite cyclical, can you see further upside from here and would you consider it still a buy then at these levels?
I have now..thanks:)