Serko shares reach new record ahead of ASX secondary listing

Tue, 01 May 2018

By Paul McBeth May 1 (BusinessDesk) - Serko shares hit a new record after the online travel booking software developer announced plans for a secondary listing on the Australian Securities Exchange next month as a means to broaden its investor base. The stock rose as high as $2.65 and was recently up 6.1 percent to $2.63, adding to the 13 percent gain so far this year. Serko was the best performer on the NZX in 2017, starting the year at 29 cents before closing out 2017 at $2.19. The company delivered a first-half profit, positive cash fl...

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