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Skellerup shares hit record as US dairy sales support profit
Primary Sector

Skellerup shares hit record as US dairy sales support profit

Skellerup Holdings shares rose to an all-time high as sales growth in the United States dairy industry helped the rubber goods maker match last year's record profit despite the pandemic knocking its industrial unit. The shares rose as high as $2.63 and were recently up 4.4 per...

Dan Brunskill 21 Aug 2020
MetroGlass shares jump on Australia improvement
Property

MetroGlass shares jump on Australia improvement

Metro Performance Glass shares jumped as much as 14 percent after the company said its Australian business was profitable in the four months through July.Australian Glass Group, which accounted for about a fifth of the group’s revenue in the March year, achieved revenue of A$17.1...

Staff reporters 21 Aug 2020
Eroad presses ahead with ASX dual-listing
Services

Eroad presses ahead with ASX dual-listing

Eroad will go ahead with a secondary listing on the ASX next month, but has no plans to up sticks and leave New Zealand. The truck-tracking technology company signalled its plan to pursue a foreign exempt listing on the ASX to cater to growing investor interest from Australian...

Paul McBeth 21 Aug 2020
A2 Milk looks to snap up 75.1% of Mataura Valley
Primary Sector

A2 Milk looks to snap up 75.1% of Mataura Valley

A2 Milk is looking to buy 75.1 percent of Mataura Valley Milk for approximately $270 million. Mataura Valley has agreed to provide A2 Milk a period of exclusivity to conduct confirmatory due diligence and negotiate definitive transaction documentation.  The deal is backed b...

Rebecca Howard 21 Aug 2020