I had my eye on this stock for a while for my NZ portfolio and finally pulled the trigger recently. I avoid buying stocks that are running up at this pace, but I consider that in this case, the run up is being driven by the positive results, recent Fuelled acquisition and what seems to be an increasingly proven digitisation strategy.
My guess is that primarily, the market is pricing in the potential of this stock, and to a lesser extent, people are simply chasing the yield.
It does not receive much discussion here so if anyone has an opinion to add then this might be the thread for it.
Congratulations to all long-time holders.
I had my eye on this stock for a while for my NZ portfolio and...
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