Sorry meant at market sell prices - will he move from $1.80 is the question.....
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Sorry meant at market sell prices - will he move from $1.80 is the question.....
Something strange on the ANZ display for AIR
1 person ask with "0" quantity and an empty cell for the "Price" field.....?
Hope the place hasent been Back-Door-Hacked like that incident in the US a while ago.
Also on PEB and a few others
No if he is happy to buy at $1.80 I have a feeling he will get them. As previous posters have stated we need an 'event" to switch the downtrend, nothing has really happened to influence one way or the other. Although I feel we have recovered that 0.05C we lost when Cam Wallace sold his shares last week and peeved everybody off - what a powerful man or at least his actions were.
The bond issue was reduced in size from $75M to $50M and interest rate set at 4.25% (higher than expected)
I guess I dont need to interpret this for y'all.
I have had an absolute ton of e.mails about Z's corporate bond issue so I think they are also struggling to fill their issue. I think at these low level's there are very few merits to tying up one's money for 6 years or so in the very low 4% range to any corporation.
Flipping the coin over the other way, who wouldn't want to borrow for 6 years fixed at 4.25%...so why would you lend at this rate !
My GIBTA (Get In Before TA) and FA has been telling me to buy buy buy in the 1.70s and 1.80s. What do you think 1.90 by next weeks end? The 1.80 man is still supporting there, then $2 by Christmas - New Year ready for 10c div in 8 weeks from then:t_up:.
I'd like to think we hit the bottom at $1.71.5 recently. It has certainly been quite strong since then in what has otherwise been a very weak market.
Nice buying mate. Migration and tourism keeping steamrolling on at record levels https://www.nbr.co.nz/article/nz-mig...ember-b-195770