NZX - NZ Exchange

[LaserEyeKiwi]

I think it’s obvious that NZX is increasingly turning into a funds management firm. It’s already in a position that it will soon be its largest revenue generator, and they clearly stated they are looking to continue growing funds under management through acquisitions.

Wouldn’t surprise me if eventually the business is split into two separate companies.

[LaserEyeKiwi]

So the rights issue looks to have been an absolute disaster for the share price - or am I missing something?

[Grimy]

Maybe just bad timing?

[Jim]

Is the rights worth subscribing ??

[nztx]

Shortfall Offer @ min $1.42 received now

Think I'll pass on that too

a year ago $2 ; 22 Dec 2021 $1.85 ; Close 3 Mar 22 $1.43

Once a market darling climbing out of the Covid dip - not much market love now IMO

[Jim]

The share price is now $1.38. Cheaper to buy it than to subscribe at $1.42

[nztx]

The share price is now $1.38. Cheaper to buy it than to subscribe at $1.42

think Grimy's earlier post might be spot on

$1.38 Yeah Nah Nah - still a pass on the Offer from the Hawk

I'll wait until the thing returns closer to the Solitary Buck level

[Grimy]

I think last time I owned some NZX my average was $1.05. I'd be happy with something close to that again.

[Waltzing]

If Luxon gets in Jenny will be chatting over the BBQ about privatising every government service they can find to give the share market some depth.

She has joined the Tax Payer Union. There stated goal now is see how many departments they can get rid off.

Imagine the health and education sectors even on the block... Boy what a stock market that would be..

An infrastructure bank that does private public partners for local and regional councils and statutory law to protect the assets from being stolen by government.

Government can lend money to the national infrastructure bank but not directly to councils.

It could make gifts to councils to help with things like cultural projects.

Whatch the NZX take off.

[Jim]

Must be a large short fall from the existing existing shareholders to cause a suspension to today trading. Watch out for the lollies scramble distributions of cheapy from the underwriting bankers