I agree, BlackPeter. Much more likely that the SP would be supported over the pricing period to maximise proceeds from the SPP. Not that I'm suggesting that this will happen here.
Printable View
I agree, BlackPeter. Much more likely that the SP would be supported over the pricing period to maximise proceeds from the SPP. Not that I'm suggesting that this will happen here.
Everyone in the stockmarket is a trader..its just the frequency of trades that varies. To get the best dividend yield you need to buy at the lowest possible price...my avg buy in price with WHS is 2.84 so not so many opportunities to buy more come up. Buying at the "special" price on offer is not particularly enticing!!!
Non qualifying for SPP are taking up the opportunity to grab what they can at current capped price. So far today 70 trades avg over 15,000 each, over 1m traded. Will be interesting to see how the market reacts once SPP completed.
Hi Mac
As someone once said there are more reasons to buy than to sell.
Just to complete the picture for today, total of 97 trades, 1,730,856 shares avg 17,843 ea. trade. The last 8 trades accounted for 356,453 at an avg of 44,555 ea. trade. This is not your avg mum + dad trading and abnormal trading in this stock, so one is led to believe instos and financials in play here.
positive article on stuff:
http://www.stuff.co.nz/business/indu...dailyheadlines
At least they are in the news:
http://www.nbr.co.nz/article/can-war...ents-bd-154717
Nothing exciting - really, but an analysts summary (and a quite substantial article) talking about plans for improved product quality, better staff training and increasing customer satisfaction. I guess, time will tell, whether the investment pays off.