Jenny Ruth: NZX contemplates mistreating investors
Accelerated non-renounceable rights entitlement offers (Anreos) deprive non-participating shareholders of property rights.
NorthWest continues to cream it
The fees Vital Healthcare paid its manager, NorthWest, rose 31.5% in the latest year, after a 43% increase the previous year.
Vital Healthcare distributions rose 8.5%
Per-unit adjusted funds from operations were up 3.3% to 11.92cpu, reflecting the $379m of new equity raised during the year.
Fletcher shares may be undervalued
The Craigs Investment Partners analysts are expecting Fletcher Building’s earnings to peak in 2023 and to decline in the following two years.