The plan revived investors’ appetite for riskier assets and took the wind out of elevated oil prices.
The former Ryman chief executive joins the board effective immediately.
Nic Foreman is still one of the largest Cannasouth holders following the sale.
ANALYSIS: Sharemarket volatility is reflective of uncertainty, but also provides patient investors with opportunity.
It is unlikely to pay a dividend this financial year.
Power company investing in renewables as demand seen rising.
Power company highlights further renewable energy investment.
UPDATED: SkyCity shares have slid 4% since market opening.
It’s one of the largest ever primary equity raises in the wealth management sector.
Retailer sees signs of improvement in second quarter.