BOTTOM LINE: Why 'Compliance Light' is taking off

BOTTOM LINE: Why 'Compliance Light' is taking off
Brent Melville
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...

More Markets

Vital board backs Tait takeover
Markets

Vital board backs Tait takeover

Vital’s board has unanimously recommended that shareholders and option holders accept a full takeover offer from Tait Communications, despite their view that it undervalues the company.In May, Vital shares rallied after it disclosed that Tait, a Christchurch-based critical commun...

Listed property firms welcome ‘Investment Boost'
Property

Listed property firms welcome ‘Investment Boost'

The tax policy could translate into millions in extra cash.

Drury’s ASX stag, MetroGlass’s new owner, and more
Markets Small Cap Wrap

Drury’s ASX stag, MetroGlass’s new owner, and more

Rod Drury goes ‘pre-revenue’ again, plus small cap news from NZ.

NZX down as property company gets key renewal
Markets Market Close

NZX down as property company gets key renewal

ASB Bank has extended the lease for its downtown Auckland site for another nine years.

Tom Raynel 03 Jul 2025