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
$9.61 |
Change
0.050(0.52%) |
Mkt cap ! $9.377B | |||
| Open | High | Low | Value | Volume |
| $9.51 | $9.68 | $9.51 | $1.236M | 128.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1340 | $9.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.62 | 510 | 8 |
View Market Depth
| Last trade - 15.09pm 26/06/2025 (20 minute delay) ? |
| IFT (ASX) Chart |