ZEL - Z Energy.

[Cyclical]

So how does "a 2.5% discount to the volume weighted average price (“VWAP”) of Z shares traded on NZX during the five NZX trading days up to, and including, the Closing Date (expected to be 29 May 2020)." work? So if the VWAP is $2.85 ... then shares will be allocated at $2.78ish?

Yeah, it's not looking terribly appealing is it, looking at where they SP is at the moment ($2.92) with downward momentum. Although I see ACC continues to load up.

[theace]

... Although I see ACC continues to load up.

How do you see/check that?

Self Answered: Check the NZX announcements!

[dreamcatcher]

SP proving to be a real dog so far but there will be two ............"Weekly Market Updates" before close.

[Beagle]

Average price in Australia for 91 $A1.11. https://thebull.com.au/petrol-prices...ay+19+May+2020

We are being fleeced like sheep and milked like dairy cows. Its highway robbery, lots of stations around here charging $1.90+, saw one the other day at $2.009, no surprise it was a Z station, they're the most common offender when it comes to overcharging.

[dreamcatcher]

Average price in Australia for 91 $A1.11. https://thebull.com.au/petrol-prices...ay+19+May+2020

We are being fleeced like sheep and milked like dairy cows. Its highway robbery, lots of stations around here charging $1.90+, saw one the other day at $2.009, no surprise it was a Z station, they're the most common offender when it comes to overcharging.

Biggest fleecer would be NZ Government I would think .......... reducing fuel prices would entail selling more volume imo?

[dameofdiv]

Can prebuy fuel on this Z energy app at lowest price in your area and save some bucks for those interested.

https://sharetank.co.nz/
https://z.co.nz/about-z/news/general...n-their-terms/

[sb9]

Biggest fleecer would be NZ Government I would think .......... reducing fuel prices would entail selling more volume imo?

Agree 100%, almost close to $1 of current pump price is accounted for some sort of Govt tax take, figure that...

[Cyclical]

Can prebuy fuel on this Z energy app for $1.60 per litre. Save some bucks for those interested.

https://sharetank.co.nz/
https://z.co.nz/about-z/news/general...n-their-terms/

That's interesting. How far in advance can you buy it (sorry, too busy to check Ts & Cs atm)? Looks like a better investment than ZEL shares

[dameofdiv]

That's interesting. How far in advance can you buy it (sorry, too busy to check Ts & Cs atm)? Looks like a better investment than ZEL shares

Allow me to explain better, this app helps search for best priced fuel around your locality and allow you to pre-buy fuel at that price anytime and use it later at any Z station.
It allows you to prebuy up to 1,000 litre at any point of time.
No time limits on when you need to use up the pre-bought fuel (will not expire) but as sharetank is a trial product, it will notify at least 3 months in advance if this trial product was to be ended.

p.s. $1.60 is where I last locked in the fuel litres and still using it today. I have edited above to avoid confusion.

[Cyclical]

Allow me to explain better, this app helps search for best priced fuel around your locality and allow you to pre-buy fuel at that price anytime and use it later at any Z station.
It allows you to prebuy up to 1,000 litre at any point of time.
No time limits on when you need to use up the pre-bought fuel (will not expire) but as sharetank is a trial product, it will notify at least 3 months in advance if this trial product was to be ended.

p.s. $1.60 is where I last locked in the fuel litres and still using it today. I have edited above to avoid confusion.

Nice one. Thanks.