But supplies to the Travel industry go figure, goes to show subscription businesses work, companies still pay their Subscription bills regardless it's their life line.
Fundamentals rubbish -1 mill for the year basically.
20% revenue growth next 5 yrs
It's broken above resistance to new high on good volume "Very Strong Buy"
Thanks for sharing your ideas.
Do reckon the rising of the price is due to SPP that they issued last week?
the price may fall after allocation of new shares
alanmiles2314
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@samansfx1, Hope not. Took up my full allowance and hoping there is no scaling.
NZ_Shareman
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@samansfx1, Probably Kiwi saver Funds probably got a whole lot for sure, end of the day they are more likely to go up than down based on past recent performance.
That's the hard thing with investing in stocks hanging in there, set the most you are prepared to lose for example 5% - 8 % if it hits that get out, look for the next one, there are plenty on the move, if you pick Stocks (Shares) that are trending and breaking out same pattern as above you should come out on the right side even after a few losses all part of the game.
Tip
Don't pick stocks that are trending down : )
thagent
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Great commentary and thanks for bringing it to our attention.
A very simplistic confirmation for me is in the way this looks on a weekly line break chart. Onwards and upwards till further notice!
Do reckon the rising of the price is due to SPP that they issued last week?
the price may fall after allocation of new shares