The carpet company’s owner has downplayed Cowes Bay Group’s proposal, citing the Australian family office's U-turn on rescuing Metro Performance Glass in 2024.
Stock gains 5.7% over the week, pushing founder and CEO Rod Duke comfortably into the billionaire category.
ANALYSIS: Inflationary forces are here to stay, forcing up interest rates.
Market Outlook: JBWere senior investment strategist Philip Borkin on the week ahead.
The FMA in March directed Rockfort Markets to take down misleading advertising.
Nikko NZ and Pie Funds also boost income.
Financial Markets Authority survey highlights ‘monumental’ investing shift.
Lance Wiggs-backed Climate Venture Capital Fund makes first investment.
Strong performance saw some actively managed portfolios double.
Margin Call: Managing behavioural bias is one way of beating competitors.