Ouch Rad could stand for radiculous someone’s buying though. GL to them
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This is quite bizarre. The Board only a few weeks ago agreed the equity was worth c. $0.80 and they are near $1.70 today
Low interest rates are really starting to see rampant speculation in markets....look at AirBNB and Doordash more than doubling on opening day and there are many others doing the same in the US that are less well known.
The only way I can explain it is there's a percentage of people who are speculators, (not investors) and to them fundamental's mean nothing.
Might be quite interesting to see who is selling and who is buying.........not implying anything at all!!
Have heard from a reliable source that staff with 10 years service are to be allocated 1200 shares each.If true well done.
Cannot find any financial information of RAD. Anybody has some ideas about its fundamental?
The nearest I could find a while back was in NZX published Listing profile for RAD:
http://nzx-prod-s7fsd7f98s.s3-websit...739/337080.pdf
Key Financials (P&L & Balance Sheet Summary) are on page 56
Supported by Investor Presentation:
http://nzx-prod-s7fsd7f98s.s3-websit...740/337081.pdf
No full audited / unaudited Financial Accounts appear to have been filed or provided so far
Is this a Relisting of the early 2000's Radius Float ?
No new shares were offered on recent listing on NZX