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Originally Posted by smokin cubans
Ok I wouldn't touch finance companies with a barge pole but I am still trying to get some clarity here:
http://www.nzx.com/markets/NZDX/SCFHA
quite clearly refers to a 37% yield. Yet others have said it is actually priced at 37c. What is the story here? Is the NZX site misleading?
NZX site a bit confusing but look at the value of the trades and it becpmes clear that it is 37.5 cents per share ... like today 3 trades $15,750 for 42,000 units (shares)
Pretty cheap eh ... if people on here are going to stock up on these the proce will go up eh
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