$4 beckoning..
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$4 beckoning..
Looks like the Cushing sale hangover is gonna be with us for a while yet.
That's ok - they sold most of their stock at $2.75 to the Chinese last year, and prior to that Cushing had been lightening up their stake at lower prices.
Gives those who are looking for a stock with a great yield with growth & takeover potential a cheaper entry point (eg. me).
Cushing sale will not last forever.
Be at least $4 when they finish selling imo.
Looking like same again....
PGW Guidance Update - NZX, New Zealand’s Exchange
Rising commodity prices & food shortages emerging as the world opens up - PGW is very well positioned indeed!
Happy holder from when they announced the sale of the seed business to reduce debt & focus on growing earnings.
Mr Market is liking the update. SP up 3.5% this morning :-)