Originally Posted by
trader_jackson
Indeed you have to question why, but you also have to look at the past - being the most undervalued stock of the listed retirement operators on every metric, and one of the most undervalued stocks on the entire NZX, is nothing new for ARV - in the past it can last for months before Mr Market catches on... given ARV's impressive track record, including most recently having the best results of the listed retirement sector by quite some margin, it is certainly surprising to see it is 'back to its old ways' as of right now, but this should 'fix itself' in due course (as it has done in the past where there are these unusual "lulls", also known as "buying opportunities"), which in this case means (ceteris paribus) a 10% or so uplift from the current $1.19 should be easily expected quite soon... unless of course there is something material that ARV is not disclosing in which case that would be extremely serious and the NZX should investigate.