Services
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Aroa shares double on ASX debut
Shares in Kiwi bio-tech company Aroa Biosurgery doubled when they commenced trading on the Australian Securities Exchange today. The shares surged to as much as A$1.56 and were recently at A$1.345. The listing follows an initial public offering, comprising 40 million new sh...
Coronavirus
Free
Covid returnees occupied 40% of Auckland hotel rooms in June
Mandatory isolation and quarantine for returning nationals proved a bonanza for hotels, with those granted entry accounting for almost 40 percent of Auckland's accommodation bookings in June. The government has also booked an estimated 31 percent of all Christchurch rooms, 20...
Markets
Recovery for Sky TV not insurmountable - Jarden
Establishing a sustainable operating model should not an insurmountable task for struggling pay-TV provider Sky Network Television, according to Jarden research. With live sport returning more quickly than expected, Sky could outperform its initial recovery expectations, resea...
Property
Oceania Healthcare shares drop as earnings knocked by pandemic lockdown
Oceania Healthcare's annual earnings were knocked around by the pandemic lockdown, with falling property values pushing it into the red. Investors opted to sell after a strong run into the result. The shares initially fell as much as 8.4 percent and recently traded at 99 cents...
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