Another dog stock too raising capital in the worst time of economy
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Another dog stock too raising capital in the worst time of economy
Predictions seem to be coming to fruition with share price likely to dip under offer rate this week. Will be watching closely next week to see if I can pick up some more at a bargain. In hindsight not sure why I participated in the capital raise. The only one that has worked for me to date has been IFT.
westpac result yest pretty ho hum.
nim's flat and inflationary costs up.
so smaller players might be nims down , costs up ?
http://nzx-prod-s7fsd7f98s.s3-websit...531/417838.pdf
Always good to see executives and directors putting up their own $. Onwards and upwards
One buck stock
For those that wanted them below $1.00 here is your chance. 99c now.
I think there may have been quite a few that expected to make a quick profit off this CR that are now realising that breaking even will be a good result,
Absolute buy for a medium/long term hold though,
Interesting observation Filthy.
One can't buy anything for a dollar these days in this country except for a share in a NZ publicly listed company.
No need to worry about inflation on the NZX.
I know I go on but, as an aside, I'm just looking at a Direct Broking contract note from 3 May 1993 which says I bought 500 BIL for $1.01 for a total of $536. $25 brokerage and $6 trade fee. I can't remember doing this but I must have purchased them. So $1.01. In 1993. Amazing. BIL - that's me averaging down all those years ago.
What is BIL and how many shares on issue at $1??