The NZX minimum holding (and thus initial buy size) for a share with a value greater than $1 and less than or equal to $2 is 200 shares.
and you would not want to be in breach of the rules would you now ? ;)
Printable View
https://www.stuff.co.nz/business/107...ip-to-new-york
" A senior figure in New Zealand's financial markets said the trip to New York may not be a good look, but appeared to be of better value than critics were claiming. As well as having a board meeting in New York, the NZX delegation was able to have extensive contact with senior figures at the technology focused Nasdaq, the figure said, something which would be valuable for management."
Yup - all for show. Nothing happens after that.
Come on, Swasbrook - call the Special Meeting. I have a few things I am happy to disclose at the Meeting about inappropriate behavour at NZX.
https://www.nzx.com/announcements/325000
Elevation Capital ratcheting up the pressure and demands on NZX. Totally expected that NZX would reject the demands so one assumes Elevation has its back up plans ready to fire.
NZX's response is rather pathetic which is to be expected especially the Nasdaq trip being 'high valued' !
Wonder if Elevation has more ammo on who traveled to Singapore, Hong Kong and Shanghai to get the MOUs signed there.
sh*ts getting real
How dare anybody (including a shareholder who actually bought and owns 1.5m NZX shares) try to get performance out of the junket-hooked board and management?
https://www.stuff.co.nz/business/107...erger-with-asx
Excerpt : " Daniel revealed that in the past two years he had been trying to get the ASX and NZX boards to talk to each other, which included meeting senior management at ASX. They are really, really interested in a merger [but] there's no way they would be an aggressive bidder, they would need to have an approach from NZX. Daniel said he prompted the idea to the NZX board "and was quietly told to p... off."
Special Meeting coming up so the battle lines are getting drawn.
http://nzx-prod-s7fsd7f98s.s3-websit...210/288487.pdf
So he told the NZX he was going to resign in August and now, he gives notice that he will be leaving in October!
Managed to sneak in a junket trip to NY in September, it seems.
Now time to distance himself asap from the brewing battle and scandalous waste of shareholders' funds.