Move's $40m capital raising to reduce high gearing
Finance

Move's $40m capital raising to reduce high gearing

Move's gearing was 60% at June 30 with net debt of $57 million.

Jenny Ruth 28 Oct 2021
Banks predict falling mortgage demand
Finance

Banks predict falling mortgage demand

RBNZ survey of NZ banks finds appetite for home loans increased by 20% in the latest six months, but that won't last.

Jenny Ruth 27 Oct 2021
Pacific Edge capital raising unfair to retail shareholders
Finance

Jenny Ruth: Pacific Edge capital raising unfair to retail shareholders

If a company decides against a pro rata capital raising then ends up with a high level of oversubscriptions, does it make sense to scale allocations based on existing holdings?

Jenny Ruth 26 Oct 2021
A rose is a rose is a rose. But not at my bank
Finance

Jenny Ruth: A rose is a rose is a rose. But not at my bank

Banks are wrongly trying to hide behind the Anti-Money Laundering and Countering Financing of Terrorism Act to bully their customers over account names.

Jenny Ruth 25 Oct 2021