Geneva’s long hard road to the Unlisted exchange

Geneva’s long hard road to the Unlisted exchange
Geneva will become the latest company to wave goodbye to the NZX. (Image: NZME)
Paul McBeth
Shades of the 1980s – that’s how the first dejected shareholders of Geneva Finance characterised the meeting they’d just left, where the finance minnow’s future as a New Zealand Exchange-listed company hung. The meeting was always going to be tense. In Auckland’s Mount Wellington, at the Waipuna Hotel and Conference Centre, the media were barred from this shareholder gathering, having witnessed the previous special meeting at which the minority shareholders gave Geneva’s controlling owner a bit of a...

More Markets

NZ sharemarket drops after weak GDP data
Markets Market Close

NZ sharemarket drops after weak GDP data

Stats NZ data showed NZ's gross domestic product fell 0.9% in the June quarter.

Craigs beefs up in Hawkes Bay, eyes further expansion
Finance

Craigs beefs up in Hawkes Bay, eyes further expansion

Craigs looks to further expansion as it confirms the Somerset Smith Partners deal.

NZ dollar on watch ahead of 3Q GDP, Fed signals
Markets

NZ dollar on watch ahead of 3Q GDP, Fed signals

Economists expect NZ GDP to shrink 0.3% in the June quarter after March growth.

Seeking a faster, sharper ComCom
Economy

Seeking a faster, sharper ComCom

A ‘gold standard’ approach and siloed structure slow the ComCom down.