completely agree. been buying the odd parcel every now and then. Hoping for a nice turning of the tides in 2018.
If the woeful Labour/Greens tree planting policy every comes to fruition this could hit top gear.
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completely agree. been buying the odd parcel every now and then. Hoping for a nice turning of the tides in 2018.
If the woeful Labour/Greens tree planting policy every comes to fruition this could hit top gear.
Maybe not by Christmas at this stage.
https://www.nzx.com/announcements/312063
http://nzx-prod-s7fsd7f98s.s3-websit...785/271592.pdf
Another 15.9m shares from this holder (should be gone by Christmas) but TAM has 38.2m to go.
15m through late in the day. I dare say that’s SAM done and dusted. They’ve been the main force driving the price down given they’ve had to sell. That hopefully is the last shares at bargain basement. Just TAM now. I feel we’re soon to be cheering this nag down the home straight. Rank outsiders normally pay well!
That transaction this morning, takes TAM and SAM off the register completely. Nicely played by the buyers, picking the whole lot up at 19.5 (Which I might add, is GS's valuation)
I hope liftoff looks more like a Cape Canaveral than a Mahia :eek2:
Well looky there. That 34m+ trade just takes out the last of SAM and TAM by my calcs. The relentless sellers just dried up. A certain song by Yazz comes to mind.
https://youtu.be/UtKADQnjQmc
Agree this is great news. In itself it doesn't add any value per share to RBC but it should at least let the market put a more appropriate value on the Company.
Many of the past years have held great promise for RBC which hasn't eventuated.
Just maybe, this will be Rubicon's year.