Forsyth Barr’s Aaron Ibbotson says global markets have largely powered through on the basis that the Strait of Hormuz will reopen ‘one way or the other’, while mega tech firms cull jobs.
The St Heliers property was worth $11m at the time of sale, argues fund manager.
The company is funding its share by issuing about 2.7 million new shares to the JV partner.
Victims of David Ross’ ponzi scheme have until January 31, 2020 to opt in.
The Darwin Casino sale and increasing costs also affected the result.
Protesters clash with police as departure gates are closed to passengers.
Trump administration backtracks to avoid price rises for Christmas shoppers.
CEOs survey shows Kiwi bosses have micro confidence, macro worries.
Management say it was all about grabbing an opportunity.
Digital acquisitions are aimed at turning Yellow’s red into black.