I have jumped back on the wagon today. So long as the exchange rate hangs under US$0.65 I am confident that NZR will deliver a strong result over the coming twelve months. I did contemplate a cheaper entry-point next week once they go xd, but there is no harm in banking a dividend every now and again is there?
With the benefit of hindsight my stomach churns when I reflect that I sold my original NZR holding less than nine months back (for a healthy profit mind).
Regards JAMP
NZX: AIA LPL MCH MVN NZO NZOOD NZR PPG RBD SAN SKL SPN
NZAX: CVT NWFOA SAT
Unlisted: BRK
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