Correct SOLD so they RECEIVED funds BUYER put the money on the table, large order without any discount ? Sellers maybe in trouble but everyone assumes otherwise.
Next few months will tell.
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Jetfuel bubble coming closer between aus/nz
bold plans... https://www.stuff.co.nz/business/124..._t-CCw4ZyyX7SA
Out my way Z station has 91 @ 2.22 and Pak'n' Save next door (also supplied by Z according to the pump) has it for $2.06 all before any discounts.
May be Pak'N'Save is taking the hit and trying to get more people in to the Supermarket with cheaper petrol??
P.S. The other 2 stations nearby, a Mobil and a GAS all at 2.22, however sort of between them and me ( a little closer) a Mobil and Caltex at $2.10
Another profit downgrade -- only small one
http://nzx-prod-s7fsd7f98s.s3-websit...948/342167.pdf
Where's it ll going to end
2019 EBITDAF 434m
2020 EBITDAF 366m
2021 EBITDAF 235m
Profits can't keep reducing forever can they?
ZEL is SKY 2.0. Currently worth $1.4b.
Going to be worth $300m (Sky capitalization) one day as the industry fades away into the sunset.