SPK spark new zealand limited

SP dropping below $4.00 hurts, page-41

  1. 1,152 Posts.
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    You make some good points. My investment journey started over thirty years ago. I am now at the pointy end, so my time frame is shortening. I don’t have the time to recover from any major drawdown events. Well done with West African Resources, however I don’t think Spark is comparable.

    Has the market overreacted to the results? EPS missed analysts expectations by 23%, share price is now down 23% since the release.
    Spark has significantly underperformed. Not surprising that sentiment is against it and most indicators showing as oversold:
    https://hotcopper.com.au/data/attachments/6474/6474866-f1ca881fdd00810575a195b015487d3f.jpg

    Shorts, whilst not large, are at their highest in 12 months and ticking higher. This is just another indicator of market sentiment.
    The below chart is from Shortman . ASIC also produce a Short position reports table and ASX a Daily Gross Short Sales reported
    https://hotcopper.com.au/data/attachments/6474/6474842-b3bbd9726f3c449c51aa9e9d439619c0.jpg

 
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(20min delay)
Last
$2.17
Change
0.030(1.40%)
Mkt cap ! $4.099B
Open High Low Value Volume
$2.18 $2.19 $2.16 $2.500M 1.149M

Buyers (Bids)

No. Vol. Price($)
2 3925 $2.16
 

Sellers (Offers)

Price($) Vol. No.
$2.18 46007 6
View Market Depth
Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
SPK (ASX) Chart
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