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Thread: ZEL - Z Energy.

  1. #2491
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    Quote Originally Posted by Balance View Post
    https://www.stuff.co.nz/business/108723359/circle-k-joins-the-convenience-store-competition-in-auckland

    First store in Nov 2018 and then, lockdown March 2020.

    I would not read too much into just 4 sites at this stage as they are most probably to trial their offering to NZers, and there have been massive interruptions & disruptions to business activities since beginning of 2020 due to the pandemic.
    Yeah fair enough...just seems a stretch to me to open with four sites in 2018, and still only have four sites 3 years later and come out saying we are targeting 100...
    They maybe should look at targeting some South Island sites as there has been a lot less disruption down there to gain some momentum.
    Last edited by Benny1; 03-10-2021 at 04:37 PM.

  2. #2492
    ShareTrader Legend Beagle's Avatar
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    When is the two weeks extra DD up ?...(I'm lost in a time frozen lockdown groundhog existence and have lost track of the days)
    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

  3. #2493
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    Quote Originally Posted by Beagle View Post
    When is the two weeks extra DD up ?...(I'm lost in a time frozen lockdown groundhog existence and have lost track of the days)
    One more week to go.

  4. #2494
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    Quote Originally Posted by Beagle View Post
    When is the two weeks extra DD up ?...(I'm lost in a time frozen lockdown groundhog existence and have lost track of the days)
    Today is 47 days into lockdown from 18/8/21. We have been at level 3 from 22/9/21...12 days ago. Ps Sorry, this answer was to the wrong question that wasn't asked. Balance above is correct. On or before 11/10/21.
    Last edited by see weed; 03-10-2021 at 11:30 PM.

  5. #2495
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    Quote Originally Posted by see weed View Post
    Today is 47 days into lockdown from 18/8/21. We have been at level 3 from 22/9/21...12 days ago. Ps Sorry, this answer was to the wrong question that wasn't asked. Balance above is correct. On or before 11/10/21.
    Ampol requested for the 2 weeks extension as the lockdown has impeded progress in due diligence, according to the Australian.

  6. #2496
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    Quote Originally Posted by Balance View Post
    Ampol requested for the 2 weeks extension as the lockdown has impeded progress in due diligence, according to the Australian.
    You can't believe everything you read.

  7. #2497
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    Quote Originally Posted by bottomfeeder View Post
    You can't believe everything you read.
    True but the Australian media has been rather accurate with their reporting of what has been happening with Ampol/ZEL.

    In the industry, it is called strategic selective news leakage to massage a deal.
    Last edited by Balance; 04-10-2021 at 11:31 AM.

  8. #2498
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    Slowly becoming crunch time in the takeover bid. This bid going ahead or another suitor?

  9. #2499
    Member McPussPuss's Avatar
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    I imagine that the last few weeks action in the oil markets could have potentially had an affect on the deal in a positive way for holders. Am I correct in thinking that the company enjoys better margins with higher oil prices?

    Let's not sell this thing short, 3.78 sounding cheaper by the day.

  10. #2500
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    Quote Originally Posted by McPussPuss View Post
    I imagine that the last few weeks action in the oil markets could have potentially had an affect on the deal in a positive way for holders. Am I correct in thinking that the company enjoys better margins with higher oil prices?

    Let's not sell this thing short, 3.78 sounding cheaper by the day.
    Yeah, as each day passes odds are in Z's favour and they shouldn't accept anything under $4.

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