ZEL - Z Energy.

[dreamcatcher]

You could also look at it this way:

punters sold 8,576,477 Zel shares equaling $24 million and maybe not finished. They have put their money where their mouth is. Question for the smarties why would they do that.

Correct SOLD so they RECEIVED funds BUYER put the money on the table, large order without any discount ? Sellers maybe in trouble but everyone assumes otherwise.

Next few months will tell.

[Beagle]

Re; "we welcome this change..."

I've learnt that is corporate speak for; 'Our sphincter has never been so tight, filled with fear and dread"

[dreamcatcher]

Jetfuel bubble coming closer between aus/nz

[Lion_graf]

bold plans... https://www.stuff.co.nz/business/124..._t-CCw4ZyyX7SA

[Jay]

Out my way Z station has 91 @ 2.22 and Pak'n' Save next door (also supplied by Z according to the pump) has it for $2.06 all before any discounts.
May be Pak'N'Save is taking the hit and trying to get more people in to the Supermarket with cheaper petrol??

P.S. The other 2 stations nearby, a Mobil and a GAS all at 2.22, however sort of between them and me ( a little closer) a Mobil and Caltex at $2.10

[Dlownz]

bold plans... https://www.stuff.co.nz/business/124..._t-CCw4ZyyX7SA

Charging at home is so much cheaper. A whole year of charging costs me no more than 360 a year.

[winner69]

Another profit downgrade -- only small one

http://nzx-prod-s7fsd7f98s.s3-websit...948/342167.pdf

[winner69]

Where's it ll going to end

2019 EBITDAF 434m
2020 EBITDAF 366m
2021 EBITDAF 235m

Profits can't keep reducing forever can they?

[Rawz]

ZEL is SKY 2.0. Currently worth $1.4b.
Going to be worth $300m (Sky capitalization) one day as the industry fades away into the sunset.

[bottomfeeder]

Out my way Z station has 91 @ 2.22 and Pak'n' Save next door (also supplied by Z according to the pump) has it for $2.06 all before any discounts.
May be Pak'N'Save is taking the hit and trying to get more people in to the Supermarket with cheaper petrol??

P.S. The other 2 stations nearby, a Mobil and a GAS all at 2.22, however sort of between them and me ( a little closer) a Mobil and Caltex at $2.10

Price competition hurts everyone. Where does it stop. Z needs to compete in other ways.