Markets EXCLUSIVE

Jarden and Shareclarity agree to pull negative My Food Bag report

Dan Brunskill
Fri, 26 Mar 2021

Shareclarity's report valued My Food Bag shares at $1.32, which is almost 30% below the price Jarden helped to set in its recent initial public offer.

Dan Brunskill
Fri, 26 Mar 2021

Equity research firm Shareclarity has agreed to pull a negative report on My Food Bag, as IPO manager Jarden is buying a stake in the research firm. Shareclarity is an independent equity research firm that has a deal with Jarden to provide research to its retail investment customers.It valued My Food Bag shares at $1.32, which is almost 30% below the price Jarden helped to set in its recent initial public offer. Shares have since fallen to $1.53 and have traded as low as $1.45 Managing director Daniel Kieser told BusinessDesk he had...

Try free for 10 days

Trustworthy, balanced journalism every day from our growing team of New Zealand business reporters and commentators, plus more in our weekend magazine section, The Life.

Instant News Alerts based on keywords you choose or journalists you follow
Our Daily Digest of all stories at 6am, midday or 6pm
A custom library of your saved stories
An industry-leading search engine
Try for 10 days without paying and if you’re not convinced cancel with just two clicks.

Support quality New Zealand journalism by subscribing today.

Find out more

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Property

Pet food millionaire snaffles Taupō racetrack

Pattrick Smellie | Sat, 17 Apr 2021

Tony Quinn is adding Taupō's Bruce McLean Park to the motorsport facilities he already owns at Hampton Downs and Highlands.

Markets Exclusive

Market regulator blasts Australian 'culture of leaks'

Dan Brunskill | Sat, 17 Apr 2021

Leaks are threatening market integrity and should not be tolerated, NZ RegCo says.

Opinion

The traditional office is dying a slow, painful death

Jehan Casinader | Sat, 17 Apr 2021

The modern workplace has been through various iterations in recent decades, but no one questioned why it existed in the first place.

Partner Content

Highlights from the New Zealand company earnings season

The February earnings season has provided a snapshot of the impact covid-19 has had on different sectors over the last six months and expectations for the year ahead.

Jarden and Shareclarity agree to pull negative My Food Bag report

Not convinced yet?

Your company has a subscription

Team