Gentailer stock moves as second Meridian payment looms
Meridian investors have to cough up final lump of cash, and may be selling other stock to do so.
Calida Smylie
Wed, 06 May 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
The final payments for partially privatised Meridian Energy [NZX:MEL ] shares are due from today, with analysts signalling some investors are selling rival power company stock to pay the instalments.
Meridian shares listed on the NZX in October 2013, with the shares offered in instalment receipts
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Calida Smylie
Wed, 06 May 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.