Still no reaction to the share price yet.
No announcement to the market:(:(
This is not good:(...the media prints it before the NZX gets the announcement...it was breaking news at 12.45pm
Still no reaction to the share price yet.
No announcement to the market:(:(
This is not good:(...the media prints it before the NZX gets the announcement...it was breaking news at 12.45pm
WTF is this? A mickey mouse operation? The papers gets it before an annoucement???? This information is material and can affect the sp. Also it seems a few people already knew the info and sold down prior to the news release!!!!!!
What a Fking joke!:mad:
The people behind St Laurance, Bridgecorp and DPC can kiss my ass next time they want to raise funds. I will remember their names.
Jesus! nearly all it's loan book is in arrears. Why would anyone put ANY money into a finance company.Quote:
He told NZPA the company was not in default but was at risk of default as nearly all its loan book was in arrears and its reinvestment rate had plummeted into the teens from around 64 per cent before March..
If you could short every listed finance company, you could make a packet. I am pretty inexperience, but is this actually possible?
On the "credit where credit is due" side, I will note that I have already been rung by St Laurence to say that my deposit of last week has been placed into a trust account. They wanted confirmation of the bank account to refund it to. It seems they have been preparing for this announcement for some days.