Really? Shareprice is down 4.1% on the ASX at present.Quote:
Nothing new that the market has not factored into the shareprice
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Really? Shareprice is down 4.1% on the ASX at present.Quote:
Nothing new that the market has not factored into the shareprice
Only because it went up 5% in the last week, on people thinking it was going to be a turnaround.
Pleased to be wrong about stagnation of SP. Just where will it stop?
I am holding. There are a lot of people on Hot Copper that feel this is the beginning of the turnaround in the share price.
I believe that as there is underlying profit of half a billion nearly, that the future looks decent. However wont be greatly apparent until after 30 June. I wouldnt wait till then though, as there will be an increasing SP running up to that date.
Onward and upward. Where will it stop nobody knows. Looks like long term holders can't wait till 30 June, to get in.
Today's Stuff article.
https://www.stuff.co.nz/business/mon...mp-zombie-deal
Sale of Life Insurance to go ahead announcement. Price Sensitive : NO. We will see how sensitive.
Big announcement for AMP, with a terrible title.
Announcement title - AMP provides update on portfolio review
https://announcements.nzx.com/detail/362281
First paragraph:
"AMP today confirms that it has received an indicative, non-binding, conditional proposal from Ares Management Corporation, a US-based company, to acquire 100 per cent of the shares in AMP Limited by way of scheme of arrangement."
Classic! CCl also gone...now Amp...
Good timing for private fundies to buy distress companies at current covid climate
Lucky many nzx companies are in a good shape and our covid is under control.. otherwise... many companies will be gone soon