NZX knew Ralec had weak understanding of the Australian grain market

NZX knew the key Clear people had a weak understanding of the grain market before it bought the Australian Clear Grain Exchange. With special feature audio.

Jenny Ruth
Fri, 20 May 2016

NZX knew the key Clear people had a weak understanding of the grain market before it bought the Australian Clear Grain Exchange in October 2009.

A paper prepared in mid-September 2009 during NZX’s due diligence on Clear outlined the strengths and weaknesses of the potential purchase and, while

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