Quote Originally Posted by dragonz View Post
Liquidity is not going to improve anytime soon if Rod Duke continues to buy. Almost $500,000 in Sep/Oct. With the accumulation of almost $60,000,000 in cash I smell a special dividend in the wind. Particularly if the Amazon threat turns out to be a fizzer. Could we be seeing the beginnings of a delisting in the making. Great for currant shareholders
The problem is you will not be able to tell if the Amazon threat is a fizzer for 5+ years, they are not in NZ yet, they may never be, or they could be 1 year from now or 10 years. Regardless, the threat isn't going away soon. I am sure people on here will call Amazons entrance into Australasia a non event in 6 months, despite the long long list of embattled retailers Amazon have left in its wake in the US.

A fun exercise could be to look at the SP performance of US retailers since Amazon began to flourish.

Having said that I still hold, but under no illusions about how deadly Amazon could be to Briscoes.