The S&P/NZX 50 Index closed at 12.844.59, declining 60.45 points or 0.47%.
The CEO says Lyttelton Port does not generate sufficient returns on its capital base.
Falling market share and margins in the broadband market look entrenched.
The promise of big money can require extreme flexibility from ‘proprietors’.
The S&P/NZX 50 Index traded steadily and closed at 12,905.04, up 94.72 points or 0.74%.
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