Provided by NZX
  • NPX3.86

    $0.133.37%

  • Open 3.99 High 3.98 Low 3.8 Bid Price 3.86

    Offer Price 3.89 Value 2020988.21 Volume 524423

Current as of 12/02/16 07:39PM NZST

Nuplex looks at shift to Oz

Photo / Kenny Rodger
Photo / Kenny Rodger

Chemicals supplier Nuplex Industries is considering shifting to Australia.

Chairman Rob Aitken said in the annual report this would likely result in the payment of partially imputed dividends for New Zealand shareholders, greater liquidity in the larger Australian market and a possible re-rating of Nuplex shares over time - with listings remaining on both the New Zealand and Australian exchanges.

Nuplex shares closed yesterday up 2c at $3.39.

- AAP

Get the news delivered straight to your inbox

Receive the day’s news, sport and entertainment in our daily email newsletter

SIGN UP NOW

© Copyright 2016, NZME. Publishing Limited

Assembled by: (static) on production bpcf02 at 14 Feb 2016 23:23:09 Processing Time: 401ms