Metro Glass shares hit new low as investors unsure over management

Mon, 02 Oct 2017

By Paul McBeth Oct. 2 (BusinessDesk) - Metro Performance Glass shares dropped to a new low as investors continue to weigh up the management team's ability to deliver earnings growth. The stock fell as low as 96 cents and was recently down 2 percent to 98 cents. The share price has almost halved this year, lagging behind a 15 percent gain on the benchmark S&P/NZX 50 index over the same period, and the stock is rated an average 'hold' based on five recommendations compiled by Reuters. Metro Glass's shares took a tumble in February when...

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Developer Kurt Gibbons buys Ryman’s Newtown site

The land was formerly the site of Wellington's Tip Top bread factory.

Gregor Thompson 10:30am

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