I do hope regulators look into trading details/patterns in the last few weeks.
I also find it strange that Infratil boss continues to be a board member of ZEL. In my view he should leave!
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I do hope regulators look into trading details/patterns in the last few weeks.
I also find it strange that Infratil boss continues to be a board member of ZEL. In my view he should leave!
I also can't believe they would sell down before comcom publishes its decision on the Caltex acquisition. What do they know that the market doesn't?
What re 128 million plus shares sold; $770 million worth.No new 5% holders announced atp.So Infratils 80 mill shares + NZSF's 38.9 mill shares=118.9 mill. Re another 9-10 million been dumped today as well. People/Instos selling out becoming risk averse to poss neg com/com decision....risk on in dodgy mkts. There will be some buyers really pissed off with there brokers/advisors and public relations soured atp.As well as the poss manipulation of s/p up, mentioned on here Im thinking com com will give the go ahead but ZEL may have to sell something/s; but I'm just surmising ;and holding my shares atp.
ACC are a new 5% plus holder. Taken up some of NZ Super's dump maybe.Fine by me and a vote of confidence. ACC's track record has been excellent but I'm not up to date with the performance comparisons.
Yeah sometimes TA just creates a big sticky tangle to trap one to be negative/ numb. Meanwhile I'm on my way to double bagger at this rate.
Craigs revised their 12 month target price up 22c to $6.81 back in Sep.. Currently $6.74 and rising; some super confident of a positive decision re takeover; hope they are right .
Z Energy record profit forecast
Looking better better better biker. Now we await com com