have always said that it doesn't make sense re the values
the latest is :-
aus dollars pre tax 17.91 cents after tax 16.08 cents
= nz $ 18.00 cents 16.1 cents
nz market price is 14/14.5 cents
definitely a bargain in nz.
so why the obvious discount.??
1o,000 shares would cost nz $1480 including brokerage. =14.8 cents per share
the annual report for 30 june is due, the board members have a vested
interest in our company's success. worth buying and holding with what
appears to be very little downside.
what is causing the market's caution ??
would like to know please
MVT Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held