Shine on you crazy diamond
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You may wish to re-read my last two or three posts, then you may see that I bought some in the last few days and that they are on notice to not test their recent lows.
NTA should read about $2.26.
A figure of $4.10 equates to the total assets (including intangibles!) and ignores the liabilities.
Best Wishes
Paper Tiger
Never say never! More than other "developed" countries most NZers have tunnel vision in relation to investment. Its Property and you borrow to get into the most expensive you can get money for! Baby boomer parents were stung by 1987 and took fright of shares. This generation were being welcomed back by John Key...into MRP and others...and got stung by politics.
Is anyone else wondering about these price rises and the fact that they are coming off the back of significant selling of electric co by the Govt.---And then they get all concerned and say they will look into it---Not looking good for the average Kiwi