Totally agree Poet ,but an interesting I P O
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Totally agree Poet ,but an interesting I P O
The world could consumer more oil in 2022 then ever before.......for another purchaser to appear probably need all industries fully operating with borders open
https://edition.cnn.com/2021/12/23/i...ing/index.html
Large volume today nearly 11m
Hmmmm see that the funds positioning themselves for an easy 20 odd cents?
NZ petrol prices already soared.............
"Petrol prices soar in Melbourne, Brisbane and Sydney"
Petrol prices: New Year bowser pinch in Melbourne, Brisbane and Sydney (thenewdaily.com.au)
Z Energy (ZEL) Q3FY33 Operating Data - NZX, New Zealand’s Exchange
Z Energy (NZX/ASX: ZEL) (“Z”) releases its operating data for the third quarter of FY22 and reaffirms FY22 RC EBITDAF guidance to be between $270m and $310m.
Commenting on the operating data Z’s CEO Mike Bennetts said, “Z’s strategy execution for the quarter was excellent. We have made progress across all four of our organic growth opportunities, in some cases well ahead of the trajectory to our FY24 targets.
Covid-19 related lockdowns in Auckland and other regions throughout the quarter, coupledwith high pump prices due to increased crude oil costs and weaker NZD exchange rates, has reduced retail volumes compared to the same quarter last year,” he added.
Nice to see upward movement in SP with shareholder meeting looming in February or March to approve Ampol offer. To pass half of all shareholders must vote and 75% of them would need to vote in favour of the takeover.
Need another buyer now.............
see in the australian the other day they say about dozen buyers in second round interested in buying gull