Expect this next lot of 125,000 to go by the end of the day. Though at some point the seller may just say, "nah, I'll hold out for $0.14"
Edit - and there you go. Gone!
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Expect this next lot of 125,000 to go by the end of the day. Though at some point the seller may just say, "nah, I'll hold out for $0.14"
Edit - and there you go. Gone!
I expect the 2,000,000 buyer today @ 13c to get taken out too, get that seller overhang reduced/gone.
I think the buyer was at the agm.
Makes sense getting in before PAZ's agm presentation is posted on www.usx.co.nz.Should be sometime this week.Watch out for it.
Someone is real happy accumulating. There go another 250,000
What are the chances of Paz moving to the main board, what is involved and considering we have passed the "valley of death" would that be a good move for the company ?
Most probably at some stage.They want more runs on the board and I think they would rather spend the listing "fees and asscociated costs"on more plant.ie the factory where the huge new freeze drier is locate has been built to accommodate another two.
I think 2020 will most probably be their first "full" year when all the new equipment is producing.
They indicated at the agm they would not look to pay a dividend for the next two years as they had further expansion in mind.
They have the corner section Nuttall Drive,Port Hills Road, they purchased a year or two ago they want to build on.Don't know what at this stage.
They have also been very fearful of not meeting targets.They had a lot of delays,mainly with ChCh City Council consents.Had they been listed, the market would have punished them.