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Mums and Dads will pay $1.60 at most for Meridian shares
By Pattrick Smellie Sept. 20 (BusinessDesk) – Meridian Energy shares are likely to list at between $1.50 and $1.80 apiece, but the highest price a retail investor will pay if they buy shares in the float will be $1.60, according to the offer documents released this morning. Th...

Oil industry faces skills shortages as drilling ramps up this summer
By Pattrick Smellie Sept. 19 (BusinessDesk) – New Zealand’s oil and gas sector needs to invest more in professional training for its drilling workforce to meet the growing demand for expertise, especially when offshore explorers hire drilling staff whose experience is mainly ons...

MRP director Miller, CFO Meek go trawling for cheap shares
By Paul McBeth Sept. 20 (BusinessDesk) - MightyRiverPower director James Miller and chief financial officer William Meek went trawling for cheap shares when the government-controlled power company’s share price touched new lows this month. Miller, a former energy sector analy...