Serko shares up, then down on NZX debut
Serko shares have fallen below the issue price following the company’s NZX debut this morning.
Serko shares have fallen below the issue price following the company’s NZX debut this morning.
A rollercoaster morning has seen shares in accounting software firm, Xero, drop by almost ten per cent, before rebounding to a decline of just two per cent.
Fonterra Cooperative Group has tapped the president of its China operations, Kelvin Wickham, to head up the newly created global ingredients
Fonterra has been slapped with a $150,000 fine for breaching disclosure requirements to the NZX over the botulism false alarm last August.
World sharemarkets are in a bull phase and the New Zealand sharemarket is no exception.
There have been a number of recent comments that the NZ sharemarket is overvalued, just as it was in the mid-1980s, writes Brian Gaynor.
The country's next batch of aspiring entrepreneurs have been given a crash course on the realities of business in Auckland this week.
Warehouse boss Mark Powell wasn't afraid to speak candidly about his pay packet with business journalists in Auckland last week.
Companies that want to list and raise money on a new market proposed by the stock exchange won't have to provide investors with prospective financial information.