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19-07-2019, 12:36 PM
#13341
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19-07-2019, 12:50 PM
#13342
Be good to push through $17, if it does it should run to the approx $17.50-$17.75 in the next few weeks.
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19-07-2019, 12:52 PM
#13343
Member
Wonder what happened to Bull bear!!! lots of doom & gloom here before.....Enjoy the ride...heading towards $18 soon
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19-07-2019, 01:29 PM
#13344
Last edited by see weed; 19-07-2019 at 01:34 PM.
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19-07-2019, 01:59 PM
#13345
Originally Posted by see weed
Is that what is called a "stop profit"?
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19-07-2019, 02:00 PM
#13346
Originally Posted by see weed
Sound like the tax man/woman's making good money?
Last edited by t.rexjr; 19-07-2019 at 02:03 PM.
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19-07-2019, 05:05 PM
#13347
Couldn't quite claim the ATH today on NZX of previous $16.98, hopefully next week with a trading update.
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19-07-2019, 06:52 PM
#13348
Member
Originally Posted by sb9
Couldn't quite claim the ATH today on NZX of previous $16.98, hopefully next week with a trading update.
hopefully!!!! We were close but no cigar.
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19-07-2019, 09:04 PM
#13349
Originally Posted by dompf
hopefully!!!! We were close but no cigar.
The results are not due until August, it is unlikely that a trading update will come now prior to that as we have passed the likely dates for an update to the results. You have to go on the last update which was "in line"with current growth, then extrapolate that to revenue and earnings. Either way ATM looks solid albeit a possible decline growth % as it is difficult to continue to maintain increasing growth quarter on quarter off an exceptional growth profile. The only concern to the SP in the meantime is whether the shorts on ASX mount a concerted campaign prior the August results announcement and sell the heck out of this, driving down the SP.
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20-07-2019, 08:59 AM
#13350
Originally Posted by Baa_Baa
The results are not due until August, it is unlikely that a trading update will come now prior to that as we have passed the likely dates for an update to the results. You have to go on the last update which was "in line"with current growth, then extrapolate that to revenue and earnings. Either way ATM looks solid albeit a possible decline growth % as it is difficult to continue to maintain increasing growth quarter on quarter off an exceptional growth profile. The only concern to the SP in the meantime is whether the shorts on ASX mount a concerted campaign prior the August results announcement and sell the heck out of this, driving down the SP.
There has been further short coverings in the latest ASX update - even as the sp spikes higher and higher.
If one believes in the ATM story, then the shorters have been doing a huge favor so far by supplying cheap stocks and then, buying back more expensive stock!
So if you believe in the story, nothing to worry about.
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