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PropertyIQ seeks clearance to buy Terralink
July 17 (BusinessDesk) - PropertyIQ NZ, a joint venture between state-owned Quotable Value and Australia’s RP Data, is seeking clearance to buy local geospatial data firm Terralink International. The property information company has applied to the Commerce Commission for cleara...
Xero tells NZX that 23 percent slump in shares reflects volatility in tightly held register
July 17 (BusinessDesk) – Xero, the cloud-based accounting company, says it is complying with NZX continuous disclosure rules and a 23 percent slump in its shares in the past six days may reflect volatility as a result of a tightly held register. Xero is the second NZX-listed te...
RESEND Australian funds were biggest sellers of MightyRiverPower
(Fixes garble in 10th paragraph reference to dividend yield) July 17 (BusinessDesk) – Australian funds were among the biggest sellers of MightyRiverPower as its shares sank to a post-float low last month, though the exit may been more to do with a slump in their home market tha...