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25-11-2015, 04:12 PM
#15031
 When insiders are buying....
A NZO director just spent about $178k on market....
It's gotta be a good sign.... Hopefully....
https://www.nzx.com/files/attachments/225595.pdf
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25-11-2015, 07:30 PM
#15032
Member
 Originally Posted by BigBob
yip, another tick, bring on buy backs, increasing oil price, strength in the USD, maybe find some more oil and the SP could be on the move.
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25-11-2015, 08:30 PM
#15033
Originally Posted by BigBob
Also means in the short term no major announcements will be taking place that the market does not already know about,as otherwise director buying would be deemed insider trading. But yes in the longer term it does at long last start to look better.
About a year ago I made my prediction that things would start to come together by June 16. I will stick to that. A lot of oil producers are hurting now and more so in the coming months. Good to see NZO holding off for now with more acquisitions as the future does look better on that front.
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27-11-2015, 04:49 PM
#15034
https://www.nzx.com/companies/NZO/announcements/274271
Another director buying?
Can only be good news long term...
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28-11-2015, 07:41 PM
#15035
Member
I have to agree, it's made me stand up and take notice TJ. However I believe there are still head winds on global oil prices though. Iran for one are chomping at the bit to inject a mass of oil on an already overflowing oil market, surely that will hurt a few companies if they're not already.
Something must be cooking in the background though with those directors buying in hmmmm.
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28-11-2015, 08:24 PM
#15036
Originally Posted by trader_jackson
Conversion of partly paid shares.
Don't get too excited.
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28-11-2015, 09:17 PM
#15037
Originally Posted by Balance
Conversion of partly paid shares.
Don't get too excited.
Balance me old mate,your back. In a different mood I see as we agree that the shares in question were highlighted some 4 or 5 weeks ago as options that the company would buy back from the staff. These options have to be converted first to fully paid shares B4 they can be bought and then cancelled by the company.
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29-11-2015, 08:33 AM
#15038
Originally Posted by digger
Balance me old mate,your back. In a different mood I see as we agree that the shares in question were highlighted some 4 or 5 weeks ago as options that the company would buy back from the staff. These options have to be converted first to fully paid shares B4 they can be bought and then cancelled by the company.
It is what it is, Digger.
Gotto keep the young bucks in check in case they mistake mutton for lamb!
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29-11-2015, 03:22 PM
#15039
Originally Posted by Balance
It is what it is, Digger.
Gotto keep the young bucks in check in case they mistake mutton for lamb!
True, but he did use his own money (ie put his money where his mouth is... right?)
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02-12-2015, 09:11 PM
#15040
Member
Originally Posted by Balance
It is what it is, Digger.
Gotto keep the young bucks in check in case they mistake mutton for lamb!
Balance you're so negative you can't see the hills because of your dark clouds.
They are party paid shares so he will have had to pay the unpaid balance.
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