UPDATED: The stock tops Sharesies highest annual return and price change investment filters.
UPDATED: Trading of NZX-listed finance minnow Blackwell Global Holdings has resumed after being halted by the market regulator following a 481% share price rise in just over two weeks.
NZX Market Operations said the company had incorrectly stated its net tangible asset per share as 15c in its 2020 annual result, while the correct figure was 0.15c per share. This has been amended in the annual results.
The company said in a statement to the NZX its other financial results remain unchanged.
Earlier: NZX Regulation issued a price inquiry yesterday after the penny stock jumped from 1.6c to 9.3c between market close on July 6
Blackwell Global Holdings to wind down finance arm, let executives go
18 Jan, 2021 04:25 AM
2 minutes to read
NZX-listed Blackwell Group Holdings will wind down its finance business. Photo / Supplied
Blackwell Global Holdings (BGI) will wind down its finance company operation and let its executives go after it could not raise enough capital to fund the growth of its loan book.
The NZX-listed investment company, which is 75 per cent owned by derivatives trading and investment company Blackwell Global Group, has announced a restructure.
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Chairman Sean Joyce said the board was of the view that BGI was unable to continue to operate as a meaningful finance company operation due to its inability to raise sufficient debt funding or equity at this time.
Source: Xinhua|
Editor: huaxia
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BEIJING Chinese stocks closed lower Thursday, with the benchmark Shanghai Composite Index down 0.57 percent, at 3,363.11 points.
The Shenzhen Component Index closed 0.71 percent lower at 13,915.57 points.
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MUMBAI Indian markets closed higher on Thursday for the third consecutive session amid positive global cues.
The benchmark S&P, BSE Sensex closed at 46,973.54, 529.36 points or 1.14 percent up compared to its previous close at 46,444.18. Enditem
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SINGAPORE Singapore stocks closed higher on Thursday, with the benchmark Straits Times Index (STI) going up 0.3 percent, or 8.64 points, to close at 2,842.04.
The STI index went up 0.22 percent, or 6.08 points, to close at 2,833.40 Wednesday.
BEIJING Chinese stocks closed lower Thursday, with the benchmark Shanghai Composite Index down 0.57 percent, at 3,363.11 points. The Shenzhen Component Index
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