Cinema management software company Vista says no explanation for sudden share price drop

Tue, 16 Feb 2016

By Fiona Rotherham Feb. 16 (BusinessDesk) - Vista International Group, whose software technology manages cinema operations worldwide, has told share-market operator NZX it has no explanation for a 27 percent decline in its shares since early January. From Jan. 5 to Feb. 15 the price of the Auckland company’s shares dropped $1.60 from $5.85 to $4.25, prompting the letter from the NZX on whether it had disclosed all material information to the market as required under the continuous disclosure rules. Vista’s director commercial and legal...

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