Gentrack extended its slump.
Would-be milk processor gets debt extension to June after modest equity raise.
Heads of agreement signed with nChain for 19.99% stake.
Influential ‘disruptive innovation’ investor speaks at Nikko AM’s New Zealand ‘Summit’.
The salmon farmer has also clawed its way back to profitability after posting back-to-back losses.
Annualised savings of $6m realised from cuts – but will cost $6m to implement in the first year.
Having previously said it would return to pre-2021 profit levels, ‘I think we need to let that go,’ says CEO.
The company’s rising debt levels have been a bugbear for analysts, prompting a capital raise and changes to its corporate strategy.
Milk processor says after ‘significant remedial work’ its shipments should be back to normal by July.
Infrastructure investor gives bullish presentation on wind, solar opportunities in US.
