Orion Health to join NZX 50 after latest review, NZOG out

Wed, 11 Mar 2015

By Paul McBeth March 11 (BusinessDesk) - Orion Health Group, the health software developer, will join the benchmark NZX 50 index later this month, ousting energy explorer New Zealand Oil & Gas, after the stock market operator's latest quarterly review. Orion will enter the index on March 23, having met ranking and liquidity requirements for index inclusion, NZX said in a statement after the close of trading. The shares fell 1.2 percent to $5.16 today, below its $5.70 initial public offering price in November, and valuing the company at $8...

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