They are measuring it against an average industry PE of 21, their about right NZ$ value is $6.83, yeah right.
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Big increase in the short selling volume as a % of total volume over the last few days, 44% yesterday. A desperate attempt by the shorters and other game players to drag the price down while they can, they know their time is limited due to the upcoming results. Hopefully many of them get caught with their pants down and get a severe rear end hiding as many did last year, they never learn.
Tough week...took a selfie to prove it https://www.bing.com/images/search?v...licking+wounds
Yeah I'm happy to hold it out this time. I missed out majorly last time and I see no reason for a less than excellent result given the simply massive momentum
Nice open on the ASX, bit of a short squeeze going on me thinks
Yep, must have been a blood bath last year when the price doubled over that 3 month period, would be interesting to know what % of shorters do well with this stock, I reckon it would be a low one, garden variety traders on the other hand would do pretty well. PS-Yesterday 55% of total volume was shorters.