AWF plays down price spike query after shares jump to highest level in 3 1/2 years

Wed, 26 Apr 2017

By Paul McBeth April 27 (BusinessDesk) - AWF Madison Group, the country's largest contract labour firm, played down an inquiry into a recent share price spike that's seen the stock trade near a three-and-a-half year high. NZX Regulation sought an explanation over a 13 percent gain in the share price between April 3 and April 24, to which AWF company secretary David Lazarus responded that the company remained within continuous disclosure obligations. AWF last posted a price-sensitive announcement to the NZX on Nov. 2 when it declared its...

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