Where the bloody hell are the listings?

Where the bloody hell are the listings?
Spare a thought for the poor old NZ stock market. (Image: NZME)
Paul McBeth
It’s official: it’s cheaper to list on New Zealand’s stock exchange than on Australia’s securities exchange. So why aren’t we awash with new listings?It’s a little too glib to fall back on the old hoary chestnut that too many people were burned in the 1987 crash – it’s 36 years later, and the memories of those heady days when thousands of investors packed out annual meetings are fading under the weight of a Max Headroom virtual reality.The NZ Superannuation Fund is a big buyer in the local ma...

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