UPDATED: Share slide slices $60m off Diligent; analyst says could be worse ahead
One analyst says the company's share price might fall further.
David Williams and Paul McBeth
Wed, 11 Jul 2018
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UPDATE / 3.45PM: Diligent Board Member Services' (NZX: DIL ) third quarter update has sparked a share price slide which has wiped more than $60 million off the company’s value.
This morning the company’s shares were sitting at $5.65, valuing the company at $473 million.
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David Williams and Paul McBeth
Wed, 11 Jul 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.