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18-05-2020, 04:30 PM
#1661
Originally Posted by theace
So how does "a 2.5% discount to the volume weighted average price (“VWAP”) of Z shares traded on NZX during the five NZX trading days up to, and including, the Closing Date (expected to be 29 May 2020)." work? So if the VWAP is $2.85 ... then shares will be allocated at $2.78ish?
Yeah, it's not looking terribly appealing is it, looking at where they SP is at the moment ($2.92) with downward momentum. Although I see ACC continues to load up.
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18-05-2020, 08:48 PM
#1662
Member
Originally Posted by Cyclical
... Although I see ACC continues to load up.
How do you see/check that?
Self Answered: Check the NZX announcements!
Last edited by theace; 18-05-2020 at 08:52 PM.
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18-05-2020, 10:34 PM
#1663
SP proving to be a real dog so far but there will be two ............"Weekly Market Updates" before close.
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19-05-2020, 11:15 AM
#1664
Average price in Australia for 91 $A1.11. https://thebull.com.au/petrol-prices...ay+19+May+2020
We are being fleeced like sheep and milked like dairy cows. Its highway robbery, lots of stations around here charging $1.90+, saw one the other day at $2.009, no surprise it was a Z station, they're the most common offender when it comes to overcharging.
Last edited by Beagle; 19-05-2020 at 11:18 AM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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19-05-2020, 11:30 AM
#1665
Originally Posted by Beagle
Average price in Australia for 91 $A1.11. https://thebull.com.au/petrol-prices...ay+19+May+2020
We are being fleeced like sheep and milked like dairy cows. Its highway robbery, lots of stations around here charging $1.90+, saw one the other day at $2.009, no surprise it was a Z station, they're the most common offender when it comes to overcharging.
Biggest fleecer would be NZ Government I would think .......... reducing fuel prices would entail selling more volume imo?
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19-05-2020, 11:38 AM
#1666
Junior Member
Can prebuy fuel on this Z energy app at lowest price in your area and save some bucks for those interested.
https://sharetank.co.nz/
https://z.co.nz/about-z/news/general...n-their-terms/
Last edited by dameofdiv; 19-05-2020 at 02:23 PM.
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19-05-2020, 11:40 AM
#1667
Originally Posted by dreamcatcher
Biggest fleecer would be NZ Government I would think .......... reducing fuel prices would entail selling more volume imo?
Agree 100%, almost close to $1 of current pump price is accounted for some sort of Govt tax take, figure that...
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19-05-2020, 01:39 PM
#1668
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19-05-2020, 02:20 PM
#1669
Junior Member
Originally Posted by Cyclical
That's interesting. How far in advance can you buy it (sorry, too busy to check Ts & Cs atm)? Looks like a better investment than ZEL shares
Allow me to explain better, this app helps search for best priced fuel around your locality and allow you to pre-buy fuel at that price anytime and use it later at any Z station.
It allows you to prebuy up to 1,000 litre at any point of time.
No time limits on when you need to use up the pre-bought fuel (will not expire) but as sharetank is a trial product, it will notify at least 3 months in advance if this trial product was to be ended.
p.s. $1.60 is where I last locked in the fuel litres and still using it today. I have edited above to avoid confusion.
Last edited by dameofdiv; 19-05-2020 at 02:23 PM.
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19-05-2020, 03:16 PM
#1670
Originally Posted by dameofdiv
Allow me to explain better, this app helps search for best priced fuel around your locality and allow you to pre-buy fuel at that price anytime and use it later at any Z station.
It allows you to prebuy up to 1,000 litre at any point of time.
No time limits on when you need to use up the pre-bought fuel (will not expire) but as sharetank is a trial product, it will notify at least 3 months in advance if this trial product was to be ended.
p.s. $1.60 is where I last locked in the fuel litres and still using it today. I have edited above to avoid confusion.
Nice one. Thanks.
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