Wednesday, January 18, 2017

Share Price Alert: New Zealand Refining Ltd 5 (Update)

Chart forNew Zealand Refining Co Ltd (NZR.NZ)

New Zealand Refining Ltd [NZR.NZX

We last looked at this stock back on July 10 2016. It was selling for $2.47 per share.

Now due to this news it is currently up 15c to $2.85.

It will go up and over 3 bucks.

Looks to me like this is a buy all the way to 4 bucks, especially if as promised management will raise the dividend and as they say their days of spending are over (at least for the next 5 years).

I hate to point it out but i did write about this back in July, "this gem is set to rocket when things fall into place".

I think that it will rocket.

Get in while you can.

*Just an addendum to this 2 days ago - even better value now - $2.65

NZR @ Share Investor

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Share Investor 2017