Yea know that..... but he's got a few mums and dads buying because of the exposure
Turnover last few days would suggest not just mums and dads are chasing this stock now.
Actually recent announcements give the clues why that could be.
who covers this stock? You guys.....gosh and we were whatching this stock 1 year ago with discussion with a local day trader in auckland... We all laughed at the graph and the numbers. An the end the day the trader knew his stuff...just shows that anything can turn into a potential winner and you cant right anything off over the long term.
Going to have to eat humble pie when we next meet the trader...
Even if it has taken 36 years...lol.
Think Graeme Hart listed Rank the same year.
P, yeh, about that time I bought 1000 RANK shares @ $21.83 ( most expensive share that Id bought up to that time ) Graham then gave a 1/10 bonus followed by a 10/1 split and a 1/7 issue @ $3.00, changed the name to Whitcoulls ,he then made a successful take over ( privatisation ) for them which resulted in them delisting.
I always wondered what would happened to them if he hadnt considering that he is now supposed to be N Z richest man !!
e, IMHO Ray Thompson (deceased now ) was the guiding light for years circa 1986 , it has been through so many rebirths that Ive lost count of , this time I hope its for real eg Rakon !!
Originally Posted by winner69
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