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Yes they have gone up over 30% the last few months ,they look to be going back to where they should be
Originally Posted by biker
Share price climbing nicely on tiny volume. Good to see few willing sellers.
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Originally Posted by ralph
Yes they have gone up over 30% the last few months ,they look to be going back to where they should be
A long way to go to be where they should be IMO but the market continues its disinterest, quite justified, by past performance.
I still hold a candle of hope for share price performance from this company but it’s been a very long candle.
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ooop's a profit downgrade today. https://www.nzx.com/announcements/366162
Disc - don't hold (once bitten....)
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Originally Posted by Left field
But 10m to 11m is greater than 9.3m and they said a month or so 'greater than 9.3m'
So could be a profit upgrade even though they tell a sad story
Nothing has really changed with this outfit eh ...ot will never reach the great heights they make out what's possible. Texans have phrase for that.
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If only ARB could get on the green band wagon and be perceived as helping save the planet.
The market does occasionally go crazy for these types of stocks, eg Black Rock buying ‘green energy’ shares.
Sold my CEN for $11 and MEL 9.46. - crazy high prices for utilities.
With the talent/shareholding of the board, I’m hoping they’ll branch out ( pun intended) into something much more profitable.
I live in hope.
Last edited by biker; 27-01-2021 at 10:20 AM.
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Don't they have heaps of accumulated tax losses?
May come in handy one day?
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Originally Posted by biker
.... I’m hoping they’ll branch out ( pun intended) into something much more profitable.
I live in hope.
Once they try to shoot off in another direction to something more "profitable", you know they are rooted.
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But money grows on trees doesn't it?
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