yep crept up as the 10k parcel at $3.27 was taken out. Not enough volume sitting on the sell side, back to a 13c spread! A good days volume through at +$500k. At what stage would trilogy start entering NZX50 talks?, another 100m of marketcap/ $4+ SP?
Hmmm - share price has blown out to a ridiculous level if we use Paper Tigers valuation or still cheap as if we use my valuations.
I'll stick to my view ....do Pie Funds or whoever is buying do the sums the same way as me?
Still a way to go I reckon
(Sorry PT for bringing you into the discussion. Couldn't resist)
For pie funds to be buyers below $1, and still bullish enough to be buyers at $2.90 that's saying something. They could easily have sat on their (massive) holding, but they are still buying more.
Looks fully valued looking at this FY. Maybe punters see growth in this old dog after all. I see enough to keep me interested anyway.
I see it pie fund try to push up return % to cover up their loss in intueri
You can't push up returns on something you don't consider will go up though. As a fund manager you get some wrong and that offsets gains, I don't think they would do rush to cover up with poorly considered moves. At least I wouldn't...
Reply With Quote
Originally Posted by winner69
Bookmarks