quote:Originally posted by k1w1

Yet again the SP in a NZX company jumps for no good reason. Then a positive announcement is made "to keep the market fully informed". Clearly some were fully informed prior to others.
K1w1, my opinion is that there is a good reason why the shareprice jumped. NZR is fundamentally under-valued and has been for quite a while, a fact IMHO which investors are begining to wake-up to given the current econimic climate. The positive announcement released today in not really that unexpected, especially given the previous few production figures released...