Must be because minimoke invested he did warn us
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I haven’t sold mine, although I am now under water. Tempted to buy more but just worried about how much capital I have tied up on a stagnant stock. Still a believer in the end game, but also wanting to retire sooner than later. Trying to pick the fastest horse is always a problem!
Down she goes :-/ this is really starting to make me grit my teeth...
Bought a little more yesterday... much to my dismay today.
also (probably nit picking) but the CFO Resigned a little while back now, but the website hasn't been updated. (hopefully they are just signing deals and making plenty of money)
Disc: Holding Tight
Possibly a reaction to Fonterra's woes.
Relatively light trading driving the price down on the back of no news.
Throw them in the drawer and hope that in a couple of years from now I haven't lost my shirt.
I wouldn't worry too much yet, the same thing happened at the lack of news last time until a trading update. NZ export of milk powder to China is up roughly 67% on the same half of the year compared to last year so QEX should hopefully see a lift in that, we have our agreements with Danone and Swisse which will materialize this FY. We have larger warehousing and from the last report a lot of stock, which according to Ronnie gets sold within 2-3 weeks on average. Last year this time there was a trading update, or slightly early so I assume lack of news would have driven the price down - no matter the reason it's just the market chattering and the company will continue doing what it does best unless we're told otherwise so no need to grit your teeth together!
Well the price on this one is at a very low entry point. As I asked some time back with Kathmandu before it went up in price..... When is the good time to buy into this share? I expect it to rise now that I have considered purchasing.
If nothing special to announce then it will be the interim financials in a few months