I have little understanding of what is happening to the NZ economy other than that GDP contracted by 0.5% in 2024, marking a significant downturn, and that the RBNZ has begun reducing interest rates. NZ's economy took 'developed world's biggest hit'
I don't know how IFT's NZ businesses are faring in this challenging economic environment. It will be interesting to see if they achieve their 'narrowed' guidance:
Fidosnos makes a good point about the market for One NZ. You only have to look to Spark NZ to see the many challenges faced in this sector.
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Last
$11.04 |
Change
0.320(2.99%) |
Mkt cap ! $10.81B | |||
| Open | High | Low | Value | Volume |
| $10.71 | $11.08 | $10.66 | $3.078M | 282.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 735 | $11.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.09 | 735 | 2 |
View Market Depth
| Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
| IFT (ASX) Chart |