Enprise shares jump as much as 88% in compliance listing

Sun, 30 Nov 2014

By Suze Metherell Dec. 1 (BusinessDesk) - Shares of Enprise Group, the software firm, jumped 88 percent in its first trade after it held a compliance listing on the New Zealand Alternative Index. The stock initially gained 28 cents to 60 cents in a single trade of 1,000 shares, before dropping down to recently trade at 32 cents, its original listing price. That values the Auckland-based company at about $2 million. As a compliance listing, Enprise didn't issue any new shares after delisting on the National Stock Exchange in Australia in S...

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