UPDATE: Oceania Natural shares jump 16% in NXT debut

Wed, 30 Mar 2016

(Adds share price) By Paul McBeth March 31 (BusinessDesk) - Oceania Natural shares climbed 16 percent in their NXT debut, capping off the first local listing of the year. The shares traded at 74 cents on the NZX's small-cap market, up from the 64 cents touted in a compliance listing of 25.7 million shares. That values the food supplements maker at $19 million. The Auckland-based company produces food supplements derived from manuka honey and noni fruit juice, and generated revenue of $1.5 million in the year ended March 31, 2015,...

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