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This stock seems to be on the up. ASB Securities value it at $13. Current price $14.34 and trending upwards. Is it the logs and dairy exports driving this?
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Originally Posted by Arbitrage
This stock seems to be on the up. ASB Securities value it at $13. Current price $14.34 and trending upwards. Is it the logs and dairy exports driving this?
Hi Arbitrage,I live in Tauranga. There are log ships everywhere. It is not uncommon (at the top of the Mount which I walk often) to see them in anchored waiting to come in a free berth. Also up here you can see a vast number of logs all over the POT pier.
Other ports in the country are also in full swing of logs also.
Cheers
Last edited by blocker3; 18-05-2014 at 11:25 AM.
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