In a rare move, Securities Commission chairwoman Jane Diplock gives her views on the decision facing Hanover Finance debenture holders.

With toilet paper stuck to the heel of his shoe, Hanover co-owner Mark Hotchin walked into his Auckland investor meeting yesterday.

Hanover investors asked heated questions of company directors at a meeting to discuss the $400 million deal put up by Allied Farmers.

Hanover Finance has returned fire on the Shareholders Association's Bruce Sheppard.

"When's your next bloody party in Fiji," one angry investor asked Hanover director Mark Hotchin during heated scenes yesterday.

BioVittoria, the Hamilton-based biotech firm, has pushed out the closing date for its initial public offering.

Victims of property investor Blue Chip and those disenchanted with paying high leasehold fees are offering units for sale today.

Allied Farmers shareholders yesterday resoundingly endorsed their company's proposed acquisition of Hanover Finance's loan book.

Mark Hotchin has implored Hanover and United Finance investors to set aside their anger and decide on Allied Farmers' proposed deal on its merits.

Hanover Finance shareholders have been urged to put aside the company's poor performance and any animoisty towards its directors when they vote on the Alllied Farmers deal.

Stock exchange operator NZX plans to split its shares four ways, and change the way it calculates dividends.

Figures released today show nationwide values are up 4.1 per cent from April but still 5.9 per cent below the market peak of late 2007.

Two years on from the heady days of 2007, Devonport has weathered the property bust better than anywhere else in Auckland.

Lombard Finance receiver PricewaterhouseCoopers says investors will receive a repayment later this month of 6.5 cents for every dollar invested.

DNZ Property Fund has pulled its plan to list on the sharemarket until next year, citing confusion among shareholders due to a debate in the media.

Auckland's house price surge has prompted a warning that over-valuations are creating a bubble that will burst.

Allied Farmers says it is confident it can realise more value in Hanover's loan books than the failed finance company can operating under its moratorium.

Auckland property has now recovered all the losses experienced over the past two years, says real estate company Barfoot & Thompson.