NZX - NZ Exchange

[nztx]

https://www.nzx.com/announcements/388877

Eligible Retail Shareholders elected to take up approximately 34% of their Entitlements.

Approximately 68% of Eligible Institutional Shareholders elected to take up their Entitlements.

That CR went well with pricing almost at market - $1.43 wasn't it ?

How could they have managed to get things so wrong ?

Timing, pricing ?

Well done NZX - you probably should be the experts in the market

perhaps $1.10 or $1.20 may have worked better

Nothing like now depressing the NZX share price even further with a lolly scramble for all the unwanted
new shares being unloaded to complete the exercise

Would a SP of $1.00 soon be the final egg on the faces of the Board of the Market Operator ?

[Sideshow Bob]

Mark Peterson on "Shared Lunch" on Thursday, run by Sharsies and Business Desk. Might get asked 1-2 interesting questions.....

Shared Lunch: NZX Deep Dive - Crowdcast

[LaserEyeKiwi]

Mark Peterson on "Shared Lunch" on Thursday, run by Sharsies and Business Desk. Might get asked 1-2 interesting questions.....

Shared Lunch: NZX Deep Dive - Crowdcast

For a moment I thought “NZX Deep dive” was referring to the share price action as of late. Maybe it is.

[JohnnyTheHorse]

For a moment I thought “NZX Deep dive” was referring to the share price action as of late. Maybe it is.

Too good

I'm in for a trade back to the $1.50-$1.60 region. Oversold in that market weakness. Was good risk/reward.

[LaserEyeKiwi]

Expressions of interest for the sale of Kiwiwealth closed last week. I think NZX likely will have put in a strong bid for it. If it is successful, I think NZX actually then becomes more a funds management business than a stock exchange operator. One would think a spin off or split of its two functions would be on the cards soon if they successfully acquire kiwiwealth.

[bull....]

terrible update today looks like wealth management fee's is the only thing doing well.
volumes going thru the exchange dont look good . ie liquidity is getting worse
chart looks like it wants to go back to all time lows

[Poet]

Is this champion third rate outfit offline again??

[BlackPeter]

Is this champion third rate outfit offline again??

Does work currently for me ... however, we had a handful of power outages today (due to strong wind) - maybe this was a problem for others as well?

But hey - its anyway the best stock exchange in the land ... and, of course punching above its weight and fixing whatever is broken with number 8 wire. She'll be right ;

[LaserEyeKiwi]

Healthy-ish results today:

https://www.nzx.com/announcements/397205

• Operating earnings of $17.4 million up 2.8%
• Net profit after tax (NPAT) of $7.4 million, down 3.2%
• Interim dividend of 3.0 cents per share, fully imputed
• FY2022 Operating Earnings1 expected to be between $33.5 million to $38.0 million.

[nztx]

Healthy-ish results today:

https://www.nzx.com/announcements/397205

• Operating earnings of $17.4 million up 2.8%
• Net profit after tax (NPAT) of $7.4 million, down 3.2%
• Interim dividend of 3.0 cents per share, fully imputed
• FY2022 Operating Earnings1 expected to be between $33.5 million to $38.0 million.

https://www.nzx.com/instruments/NZX/dividends

Heading for 4th year Dividends at same level - Int 3.0 cps Final 3.1 cps

Anything else other than consistency with little excitement added on top

Still gradually creeping up to the last Cap Raise 1.43 level

Difficult to see this one going to earlier higher levels, unless consistency is the flavour

How's business growth or attrition going ?

How many more listings have departed of recent times ?

Z , Dangerous Goods, PPH possibly in future along with NZO and possibly I have missed some
and more to be added ?

How are newer bolt on businesses likely to be performing post the downturn or in future
- such as wealth management etc ? also factoring in interest rate rises

Money in da bank on interest might soon be edging closer to NZX's static div and yield