UPDATE: Shareholders Association to oppose Wynyard 'black hole'

Thu, 11 Feb 2016

By Pattrick Smellie Feb. 11 (BusinessDesk) - (ADDS reactive comment from Wynyard, adds share price jump) Feb. 11 (BusinessDesk) - The New Zealand Shareholders Association says it will oppose security software developer Wynyard's plans to sell new shares below a previously announced price floor of $2 a share when a meeting of investors is held next week. NZSA chairman John Hawkins said there was no clear information about how the company would protect existing investors and that his members faced an information "black hole", although c...

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