RegCo probes Being AI's share price increase

(Image: Getty)

Thu, 04 Apr 2024

The New Zealand stock exchange’s market watchdog has probed the share price of the newly listed Being AI on its third day of trading.But the company, which was listed earlier this week, said it's complying with the rules.After a delayed start to trading on Tuesday, its shares first changed hands at 1.7 cents. However, it has increased to a bid-offer spread of between 6c and 7c.The latest trade, shortly before 3pm on Thursday, saw 2,000 sold for 7c. Since the market opened earlier in the day, 30 trades worth $56,872 have taken place.NZ...

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