Cannasouth share price falls 20% on debut
The market struggles to value the early stage company.
Sanjay Prakash
Wed, 19 Jun 2019
A well-polished bell was struck at 11 sharp this morning by Cannasouth chief executive Mark Lucas as the company debuted on the NZX.
The market's reaction since has been strong, with the share price falling from its listing price of 50c to 36c at one point before regaining some ground to 40c
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
NZ Aviation News
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Aviation News - Monthly
NZ$14.95 / monthly
Already have an account? Login
Sanjay Prakash
Wed, 19 Jun 2019
Contact the Writer: Sanjay@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Cannasouth share price falls 20% on debut
Business,
79776