Brian Gaynor: BRIAN GAYNOR: CDL and Millennium & Copthorne – successful back door listings but….
CDL Investments New Zealand and Millennium & Copthorne Hotels New Zealand, two backdoor listings, held their virtual annual meetings yesterday. Both companies have had chequered histories but, unlike most NZX reverse takeovers, they have been relatively successful. CDL and...
Brian Gaynor: BRIAN GAYNOR: Auckland’s water shortages and the process obsession
While most media attention has been focused on covid-19, New Zealand has also been experiencing severe drought conditions. The worst affected areas are the Far North, Coromandel Peninsula, Hawke’s Bay and Auckland. This column focuses on Watercare Services, which supplies wate...
Brian Gaynor: BRIAN GAYNOR: SeaDragon – another dud from Wikeley, Sorensen, Wilkinson & Joyce
The proposed delisting of SeaDragon concludes a sorry saga of NZX reverse takeovers.The company originally joined the NZX in 1986 as Regal Salmon and has had seven unsuccessful reincarnations since then.This column is not opposed to backdoor listings provided they are done proper...
Brian Gaynor: BRIAN GAYNOR: Sporting world ambushed by financial tsunamis
The return of rugby league on May 28, a Thursday, and rugby union on June 13, a Saturday, doesn’t mean that our sporting organisations are out of the woods.
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