![Allied rebound 'driven by speculators'](/pf/resources/images/placeholders/placeholder_l.png?d=797)
Allied rebound 'driven by speculators'
Speculators are likely to be behind yesterday's 22 per cent price rebound in Allied Farmers, say market commentators.
Speculators are likely to be behind yesterday's 22 per cent price rebound in Allied Farmers, say market commentators.
American companies are paying the biggest premiums on record in takeovers.
Allied Farmers shares plunged 31 per cent, falling 6 cents from 19 cents to 13 cents after a trading halt was lifted at 11.45am.
The Capital Markets Development Taskforce released recommendations with the aim of rekindling Kiwis' faith in the sharemarket.
Partial privatisation of state assets is among the recommendations of the final report of Capital Markets Development Taskforce presented today.
Retail investors need warning labels on high risk products, simpler disclosure documents, and a deeper range of choices, a taskforce finds.