Looks like the NZX reversed that trade as $4.10 doesn't show as the low for the day any more. More disturbingly though what I see here is a breakdown in the belief factor. The company recently held its annual meeting and had a fulsome chance to clearly articulate its strategy going forward and the buying support simply isn't there. A clear downtrend so I am not interested until that's clearly finished. It has had a great run while it was predominantly a N.Z. tourism stock...this company is a very different kettle of fish than what it was a few years ago and I suspect not everyone is in agreement with where the directors want to take it going forward. Sale of N.Z. tourism business's ???? I really scratch my head to understand why they would want to abandon core business's that have performed so well over the years to throw money into tech apps with highly questionable return on investment going forward ? Has Rob Campbell bitten off more than he can chew at his age ?
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