Rod Drury’s ASX stag, MetroGlass’s new boss, and more

Small cap chap wrap: Michael Stiassny (New Talisman), Nick Lissette (Black Pearl), Rod Drury (Tetratherix), AJ Smith (Trade Window) and David Prentice (NZ Windfarms). (Image: NZME)

Pattrick Smellie

Fri, 04 Jul 2025

Rod Drury: life after XeroIn New Zealand terms, it’s mid-cap, but the ASX listing this week of medical innovation company Tetratherix while raising A$25 million in new capital caught our eye for no other reason than the involvement of Xero founder Rod Drury’s Radar Ventures.While his old company was doing its biggest-ever deal, the bio-medical start-up was listing on the ASX, with Radar already a substantial backer.The Tetratherix IPO prospectus is vague about shareholding percentages, but disclosures show Radar&rsquo...

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