New Zealand Refining (MIR 663)
I have been a staunch bear regarding NZ
Refining for some time, but I know many subscribers have waiting for a signal
to get back in.
Getting in too soon into a share that looks
cheap (but isn’t) is a common problem and I hope subscribers took my advice in
June (MIR 635) not to buy NZR at $4.15.
At the time, a reader had asked: “I sold
[NZR] on our advice at $5.05 but note we are today back to $4.15. What is your
view please”.
I concluded that ‘the signs are just n ...
