Turnover last few days would suggest not just mums and dads are chasing this stock now.
Actually recent announcements give the clues why that could be.
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who covers this stock? You guys.....gosh and we were whatching this stock 1 year ago with discussion with a local day trader in auckland... We all laughed at the graph and the numbers. An the end the day the trader knew his stuff...just shows that anything can turn into a potential winner and you cant right anything off over the long term.
Going to have to eat humble pie when we next meet the trader...
Anyone got any updates on company performance/ guidance that's not disclosed via normal channels ?
P, yeh, about that time I bought 1000 RANK shares @ $21.83 ( most expensive share that Id bought up to that time ) Graham then gave a 1/10 bonus followed by a 10/1 split and a 1/7 issue @ $3.00, changed the name to Whitcoulls ,he then made a successful take over ( privatisation ) for them which resulted in them delisting.
I always wondered what would happened to them if he hadnt considering that he is now supposed to be N Z richest man !!
Does a Loss before Tax that becomes a Profit after Tax count as really making a profit.
Check the Annual Report
https://www.wdtl.com/annual-reports/annual-report-2021/
NOT WDT but IOT being useful for tech solutions
IoT deal: Spark buys minority stake in environmental monitoring firm
https://www.nzherald.co.nz/business/...NMGXSY53Q3DLY/
Adroit Partners With Spark To Provide Next-Generation IoT Solutions
https://www.scoop.co.nz/stories/BU21...-solutions.htm
That IOT sure can be useful aye Murray
https://adroit.nz/adroit-deploys-mus...ing-data-buoy/
Wellington's bad luck continues
https://stocknessmonster.com/announc...dt.nzx-390820/
Must be one of the unluckiest companies in NZ ...but a survivor
I suppose FY EBITDA guidance of $3.4m is a NPAT loss
I stopped reading when GP margin was 25% yikes