Harmoney debuts on the ASX

Harmoney debuts on the ASX
Rebecca Howard
A new lockdown in South Australia will crimp demand for SkyCity Entertainment and weigh on other travel stocks while investors will also keep an eye on Harmoney’s debut and earnings from AFT Pharmaceuticals.Online personal lender Harmoney is joining the ASX with a prospectus that would value the company at A$353 million for its initial public offering, and a secondary listing on the NZX.Harmoney’s IPO price of A$3.50 per share values the company at more than rival MoneyMe's current market capitalisation of A$226 million after be...

More Markets

Vector agrees to sell LPG assets for $150m
Markets

Vector agrees to sell LPG assets for $150m

The deal is subject to regulatory approvals and commercial conditions.

Rebecca Howard 26 Jul 2024
ASX: Australian shares slide to a two-week low as tech drags
Markets

ASX: Australian shares slide to a two-week low as tech drags

Every sector of the Australian share market has lost ground.

AAP 26 Jul 2024
NZ sharemarket down 0.38%
Markets Market close

NZ sharemarket down 0.38%

The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.

Graham Skellern 26 Jul 2024
The Warehouse’s plight in five charts
Retail Charts

The Warehouse’s plight in five charts

The private equity bid shows the company’s future is still anyone’s guess.

Gregor Thompson 26 Jul 2024