Originally Posted by
O Dusty
Similar method as me, I got in at 49c. I have been scouring the internet looking for the driver as well. I thought MOT may have changed it forecasts for tourists to NZ, they have but it has been downgraded to 2.5% for 2010from 4%. This along with several comments that even this may be hard to achieve, a spike of 6.5% during 2011 however. Only news from THL is that they have are still complying with disclosures rules. Anyone else got an idea?
Only other thing is Aussie visitors are up and their market is performing so well, THL low was 41c in early July. This can't just be speculation because Volume was has been over 500,00 and 400,000 on some of the respected days which is much greater than the usual trading range.