ZEL - Z Energy.

[see weed]

I'm still comtemplating whether to get more under the SPP, at $2.90, it doesn't seem a great incentive given the price is about $3 now as I could buy more once I know the share price is on the rise. This is one of my red arrow stocks, if I knew it would go to $5 in the next little while then yes, it will be a no brainer. Having said that I think we are at the bottom and the only way is up from here.

I live right next door to a Z station and since we went to level 3, the place has been flat out which is a good sign. I think their weekly ops figures are a good indication of whats happening with increases in consumption each week.

DISC: HOLD

When do they post out the SPP forms? I thought spp was around $2.75c.

[Cyclical]

When do they post out the SPP forms? I thought spp was around $2.75c.

From a page or two back:

From the SPP notes: "The price of shares offered under the SPP will be the lower of the Placement share price or a 2.5% discount to the 5-day VWAP of Z shares traded on the NZX during the last 5 days of the SPP offer period", which ends 29 May.