OCA directors / senior staff putting their money where there mouths are https://www.nzx.com/announcements/370170
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OCA directors / senior staff putting their money where there mouths are https://www.nzx.com/announcements/370170
...Apart from the village fee and loss of use of the original ORA purchase price (inc. interest and dividends foregone).
Buying an ORA and moving into a village may never have been more appealing. With Current crazy house prices and interest rates at a point of inflexion, there may be fewer house market capital gains to miss out on! So given the impressive way villagers were/are being cared for during covid, retirement village units are looking even more appealing.
Fortunately OCA are not currently 'selling' ORA on new builds for less than the attributed cost of building.
With my long-term outlook hat on ( has a wide brim all round it ) I see the current share price has good value.
Pity I have my full portfolio quota already.
directors buying has not been enough at this stage to propel the price back above the 1.30 resistance so ill stay on the dark side in regards to peoples opinion on the stock
Well if thats not confidence going forwards then this all beats the heck outta me.