Goodwood Capital Limited (NZX: GWC) has provided a Corporate Action Notice for a 2.5 share into 1 share consolidation, with record date 5pm 4 May 2022.
As a result of the consolidation, the number of shares on issue in GWC will be reduced from 33,409,809 shares to approximately 13.36 million shares.
The S&P/NZX 50 Index closed at 11,796.21, down 39.83 points or 0.34%.
Aussie brokers increasingly like the look of a low-cost, high yield Otago gold play.
The insurer's shares have gained 36% so far this year.
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