The issue price was at the upper end of the valuation, which may have capped demand and gains on listing.
CEO Gary Miles provides more detail on Tuesday’s profit warning, rebuts ‘chatter’ on performance pay.
Gentrack extended its slump.
Craigs Investment Partners has cut its target price for the software provider by 48%.
Datacentre developer secures long-term deal with major US customer for 555MW of capacity.
Cowes Bay Group explains why it did not participate in last year’s review and why it believes it can offer Bremworth an alternative pathway if its deal with Mohawk Industries falls through.
MPI sought further infant formula testing based on ‘information received’ in March after Nestlé recall was triggered by similar ingredient.
Mainfreight was among the bigger drags on the NZX50 as oil prices shot up.
At a group level the bank took A$443m in impairment charges due to the more cautious economic outlook and an increase in newly impaired loans.
Craigs Investment Partners’ latest analysis says airline’s debt-to-earnings ratio is likely to reach near Covid-era levels as Iran War effects bite.