Don't think so MN. It is just another day on the sharemarket today. Another "groundhog day".
Plus PRC has dropped from its yesterday close by about 20 cents or so today on the NZX - apparently because of a drop in coal prices on the international market overnight.
So a drop in the market value of PRC by that soet or margin (about a 10% drop in sp this morning) has an impact on NZO as well with its 32% holding in PRC.
NZO is not going to do anything precipitate with the money. See that article about how they had looked at several possibilities in recent months (Swift Energy being one) but nothing has quite measured up to what they expect or require. So they are setting exacting standards.
Have a bit of faith MN or sell out if you can't cope with the worry about whether they are going to stuff up in your eyes.
plans afoot, page-3
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Last
38.0¢ |
Change
0.020(5.56%) |
Mkt cap ! $85.10M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 38.5¢ | 37.0¢ | $4.86K | 13.05K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17109 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 5806 | 1 |
View Market Depth
| Last trade - 14.41pm 10/09/2024 (20 minute delay) ? |
| ECH (ASX) Chart |