great report, margins still good , price still consolidating
Printable View
great report, margins still good , price still consolidating
I am surprised that the share price seems to still slowly be drifting down from its $2.70 highs (I know I was pessimistic at that price, but I hadn't expected a downward trend).
The USD exchange rate has been shifting in NZR's favour since the exceptional Nov/Dec 14 report, which is a good thing, we have just had another great 2 month processing report for mar/apr..... with all signs pointing in the right direction. Is the softening related to the rice of oil do we think?
half year profit update coming soon .. should boost up share prices
nzd down to 72 should fall to 70 when they lower interest rates and grm looks like it is still holding up this mth , should get update on maintenance finish next week ?
Chevron (Caltex) selling down their 11.4% holding tonight at $2.32-$2.36.
Have applied for a bundle.
Will be interesting to see what the market thinks tomorrow.
Thanks for that Biker ; very int esp their timing!. What brokers are handling it?
Craigs for one, not sure who else.
no announcement on this
Well some people will take a quick profit regardless of the fundamentals....it will open lower than today's close....