Acurity shares surge to 11-month high as 3.4 percent of company changes hands

Fri, 25 Oct 2013

By Paul McBeth Oct. 25 (BusinessDesk) - Shares in private hospital group Acurity Health jumped to an 11-month high in early trading today as almost 3.3 percent of the company’s shares on issue changed hands. The stock climbed 36 percent $5.50, the highest since November last year, on turnover of about $3.3 million. That’s a 3 percent premium to Acurity’s net tangible assets, valued at $5.34 according to NZX data, but still cheaper than the $6 price paid by the Stewart family and the Royston Hospital Trust Board to take control of the compan...
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