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20-05-2020, 08:03 PM
#1681
Member
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20-05-2020, 08:30 PM
#1682
Some might say “Un-investable”. Fair enough, it does looked pretty screwed at the moment.
Others might just simplify that to “better opportunities elsewhere”.
No point in exposing ones investment to great uncertainty when less uncertainty affords itself.
Imo, not interested in zel at the moment
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22-05-2020, 04:42 PM
#1683
$2.78 at present. What happens if it dips below $2.75?
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22-05-2020, 04:54 PM
#1684
Originally Posted by Cyclical
$2.78 at present. What happens if it dips below $2.75?
The Shares will be issued at the lower of the price paid by investors in Z Energy’s recent
Placement, being NZ$2.90 per Share, and a 2.5% discount to the five day VWAP of Z shares
traded on NZX during the five NZX trading days up to, and including, the Closing Date.
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23-05-2020, 01:48 PM
#1685
Member
It closed at $2.80, the price to pay will be $2.80 plus 2.5% discount i.e. $ 2.73, am I right or $2.90 plus 2.5% discount.
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23-05-2020, 02:16 PM
#1686
Originally Posted by Jim
It closed at $2.80, the price to pay will be $2.80 plus 2.5% discount i.e. $ 2.73, am I right or $2.90 plus 2.5% discount.
Assuming the Volume Weighted Average Price of Z shares traded on the NZX during the five NZX trading days up to and including the Closing Date, 29 May, turns out to be $2.80, then the issue price would be $2.73.
Last edited by macduffy; 23-05-2020 at 02:19 PM.
Reason: Punctuation
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27-05-2020, 02:36 PM
#1687
Member
Volumes are rising as per their latest OPSTAT so looking a lot better. However given the current share price I wont be participating in the SPP given the buy price will be approx what it is now less 2.5%.
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27-05-2020, 03:01 PM
#1688
Agreed. I'm also not applying for any.
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27-05-2020, 03:55 PM
#1689
Same. It feels like it's just throwing good money after bad. Too long a time horizon and too much uncertainty
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27-05-2020, 04:02 PM
#1690
Originally Posted by flyer
Volumes are rising as per their latest OPSTAT so looking a lot better. However given the current share price I wont be participating in the SPP given the buy price will be approx what it is now less 2.5%.
Originally Posted by Grimy
Agreed. I'm also not applying for any.
Originally Posted by tango
Same. It feels like it's just throwing good money after bad. Too long a time horizon and too much uncertainty
Crikey, there will be some trouble is that's the general sentiment of their holders towards the SPP.
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