Wasn't me
Probably somebody who has plenty of other people's money to punt with
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Just under the 5% threshold to disclose on NZX assuming a new holder, hopefully they buy more so we can see who it is!
More large volumes, ssh notice coming surely...
These instos are just punters ...buying and selling on whims
Easy with other people's money eh
So if I plug numbers like EPS = 10c for FY2018,
4% annual EPS growth thereafter and a
55% dividend payout ratio into my secret formula.
Is that a sensible combination?
That would make them worth $1.17 each now.
Best Wishes
Paper Tiger