Fund managers left hungry for My Food Bag shares

Fund managers left hungry for My Food Bag shares
Dan Brunskill
The institutional bookbuild for My Food Bag’s initial public offer has received strong support from fund managers jostling for space on the share register, BusinessDesk understands.A source familiar with the process said it had been going “incredibly well” for the meal-kit company with a “massive amount of support” from fund managers.My Food Bag began meeting with potential cornerstone investors before last Christmas, having touted the idea of listing since 2018.The five co-founders have all stepped down from the b...

More Markets

Jamming out of earnings season ...
Markets

Simon Robertson: Jamming out of earnings season ...

Investing is actually pretty easy: try not to lose money, and compound your capital.

Simon Robertson 18 May 2024
NZ sharemarket prepares for reporting season
Markets Market Close

NZ sharemarket prepares for reporting season

Week ends down 0.45% after Warehouse announcement. 

Graham Skellern 17 May 2024
Sharemarket has biggest single-day rise in seven months
Markets Market close

Sharemarket has biggest single-day rise in seven months

The S&P/NZX 50 Index closed at 11,728.06, up 202.18 points or 1.75%.

Graham Skellern 16 May 2024