Subscribe today - find out more
Why you should consider BusinessDesk
Listed Companies

The Chart: The great A2 selldown

Andy Fyers
Tue, 29 Sep 2020

The Chart: The great A2 selldown
Andy Fyers
Tue, 29 Sep 2020
A string of A2 directors and executives sold down significant stakes in their holdings in the company in late-August, cashing in on a near record high share price of about $20.The timing was fortunate - the shares fell 12 percent this week following it flagging a 10 percent reduction in first-half revenue.Among those to sell significant stakes were chairman David Hearn, who sold about one fifth of his stock, pocketing $5 million in the process. Had Hearn made an equivalent sale at the closing price on Tuesday of $15.84 he would have pocketed ab...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Is New Zealand’s population too low?
Brian Gaynor | Sat, 22 Jan 2022

Our relatively small population has proven a huge disadvantage to NZ companies that expand offshore, particularly when they experience headwinds.

Markets Market Close
NZ shares finish shocker week down 3.5%
Dan Brunskill | Fri, 21 Jan 2022

A well-known investor released a paper overnight warning this was the end of a "superbubble" in US markets. 

Omicron outbreak likely within 10 days: Baker
Pattrick Smellie | Fri, 21 Jan 2022

An omicron outbreak in January could be expected to peak in March and be fizzling out by May, and cause perhaps 400 deaths, according to new modelling.

Grape expectation for first major wine auction

Buying wine at auction can be a smart way to build your cellar or discover a world of wine

How to pick the perfect real estate investment now

Now is a good time to get on the property investment ladder - here is how to get there.