Markets

BOTTOM LINE: Why 'Compliance Light' is taking off

Brent Melville
Tue, 06 Oct 2020

By its own standards, the 18-stock Unlisted Securities Exchange was busy last week with 680,000 shares changing hands across 42 trades worth $2.35 million.And its market capitalisation climbed $23 million to $2.93 billion. While that’s small potatoes compared to its larger NZX cousin, which tallies the value of its equity issuers at $170 billion, there is steady action on the Unlisted platform. Following July’s listing of speculative minerals firm Aorere Resources it is expecting two more issuers in the coming weeks, makin...

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BOTTOM LINE: Why 'Compliance Light' is taking off

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