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  1. 15-04-2013, 11:00 AM #11
    FarmerHamilton
    FarmerHamilton is offline
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    Quote Originally Posted by percy View Post
    Companies are no longer allowed to operate a market in their own shares, so they are looking for a vehicle [market] for shareholders to buy/sell/trade their shares without the costs of being a listed company.

    The NZX has stated publicly that they wish to increase the number of firms involved in the agricultural sector on the market. Synlait Farms with an asset base of circa $200m and turnover in the $30-$40m range must be the kind of company they have in mind and are looking for. I wonder if they "pitched" for the listing ?
    Last edited by FarmerHamilton; 15-04-2013 at 11:02 AM.
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