im following it in aus and 3.60 was big resistance
Will be a very interesting watch as there is an index rebalance the day after it goes ex divvy, these rebalance haven't always been kind to SPK, potential for it to go below $3.60NZ.
Will be a very interesting watch as there is an index rebalance the day after it goes ex divvy, these rebalance haven't always been kind to SPK, potential for it to go below $3.60NZ.
Too tough to call with that index rebalance so close to the ex date, I'm covering both bases by having powder dry for rebalance day as well as holding a good number for the divvy.
From a divvy perspective I'm considering flicking off my SPK shares and buying AIR instead ... on current SP the divvy return from AIR is considerably better than SPK.
From a divvy perspective I'm considering flicking off my SPK shares and buying AIR instead ... on current SP the divvy return from AIR is considerably better than SPK.
Bought some more AIR today. Happy to back my own judgment and not worried by other nervous nellies in that thread that think its going lower.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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Originally Posted by bull....
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