Something has gone wrong clearasmud.
I have a cousin in Aussie and the price use to be about 20 cents different apart from the exchange rate, however this from Mr/Mrs/ms Google this morning
"As of this morning in Sydney, the cheapest petrol is $1.24 a litre, with the highest at $1.74. In Melbourne, the cheapest is $1.27 and the most expensive also $1.74. And in Brisbane, the cheapest is $1.27 and the priciest $1.76.Nov 19, 2019"
Even the highest price is a lot less than ours after the exchange rate!
Sure has its called MMP which equals More Morons in Parliament.
Surely MMP is better than the previous system. 1981 saw the the socialist National Party headed by Muldoon with a majority of seats in Parliament despite only getting 39% of the vote. Previous election in 1978, saw the National Party get 40% of the vote and a majority of seats. In both elections more people actually voted for Labour candidates.
How much competition in fuel supply can an isolated small disperse market such as NZ actually support?
Bit if a sad story ......but once again hope of a better ‘rest of year’ has not turned into reality
But reading between the lines i’d say there is a lot of hope that post December things are going to get much better ...so they can meet this latest guidance
”When investors are euphoric, they are incapable of recognising euphoria itself “
Bit if a sad story ......but once again hope of a better ‘rest of year’ has not turned into reality
But reading between the lines i’d say there is a lot of hope that post December things are going to get much better ...so they can meet this latest guidance
They say if they reduce the dividend, than sell. But this is probably as good a signal as the cross of death, it just means one should have sold a long time ago.
Feeling for the holders - but expect volumes and margins long term to keep sliding.
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
Bookmarks