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Will you buy Meridian Energy shares?

Digital image / P.K. Stowers
Digital image / P.K. Stowers

The Meridian Energy partial privatisation is so large it may have to be split in two for the government to meet its commitment that the company will be between 85 percent and 90 percent New Zealand-owned when it lists, Prime Minister John Key says.

The comments come as the share price for MightyRiverPower sank to a new low of $2.37, 13 cents under its $2.50 a share listing price barely two weeks ago.

Even though only a minority 49 percent stake in the company will be offered for sale, Meridian's total value at around $5.3 billion would make it the largest company on the NZX and local retail investors could struggle to take up their full entitlement if the sale was staged in a single offering later this year.

Will you buy Meridian Energy shares? Here is the latest selection of Your Views:

(Note: You must vote 'Yes' or 'No' for your comment to be accepted for moderation.)

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Featured comments

"I did buy some Mighty River Power shares, but they are currently at $2.36, down from $2.50, so I'm not sure if power shares are the way to go here."

Random Stranger
David Geary

"I'd rather invest in these shares than invest in over-priced real estate."

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