Wow!, Up another 300cps to 5600 cps. Not far to go to the 600 cps after the split. Just accep the fact that someone out there knows more than we do and go with the flow.
Or perhaps we're all relying on the perceptions of each other... in that share traders in NZ all know that prices tend to go up in NZ when splits happen... so they all buy in ... and the share price rises accordingly...
6415 cps tonight - and I thought that 6000cps would take another 6 months. What this tells me is that there is something happening that I don't know about.
6415 cps tonight - and I thought that 6000cps would take another 6 months. What this tells me is that there is something happening that I don't know about.
At a guess I would say it is something to do with the expansion project that they are looking to do. If they can make the plant more productive at todays margins then it really is a license to print moola...
Expect to see some big paybacks for the expanded pipeline in the second half of the year too..
Chris
Whangarei
Am I a pro trader or just a try hard wanna be...
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