Not a great report has just come out from Forsyth Barr NZ, gives a target price of 2.80 nz. High lights losing market share for internet connections to the 4 power company's and satellite use in rural areas. In spite of this I am sticking with my contrarian position of an up swing in the coming months, one catalyst could be another 50 basis point drop in the Reserve Bank cash rate in the next Fortnite.
SPK Price at posting:
$2.62 Sentiment: Hold Disclosure: Held
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