Welp, I'll be lining up some cash to potentially purchase some more shares next week (still relatively light on ATM shares) my average buy in is $14.45, so down a little.
Prime Minister Jacinda Ardern is stepping back from the ongoing China-Australia feud, saying New Zealand has not taken sides.
Yesterday she said New Zealand had raised concerns with China over its use of a doctored image on Twitter, but today she said the same thing would have happened if Australia had done the same thing.
"We've made the point we've wanted to make and we'll be leaving it at that."
It’s hell of a pity that Australian exporters are getting hammered by the trade sanctions imposed by China - especially when you consider why & who ScoMo & the Australian government have been backing - Fornicator Trump.
After that speech, it may be that even ScoMo has finally woken up that he should stop supporting & blindly following the US in the trade war & sanctions imposed on China by the nincompoop & loony loser.
It has gone quiet today on the ScoMo front - realisation must be setting in that he has also been duped by the Fornicator.
My pick is that the worse is behind for ATM re the China concern as of today.
ATM isnt IN or OUT of the firing line yet. It sell off so far might simple be a little bit of side swipe from the aussi smash up.
Chinas heavy handed approach to Hong Kong does imply capital is not as important as ideology. The central committee wont be interested in farming partnership capital fall out in NZ.
Chinas heavy handed approach to Hong Kong does imply capital is not as important as ideology. The central committee wont be interested in farming partnership capital fall out in NZ.
HK is not critical to China anymore from an economic point of view. Its role as an economic hub & financial centre has been superseded by Shanghai & Shenzhen.
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Originally Posted by Balance
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