NZME Ltd. ( (NZMEF) ) has shared an announcement.
The Takeovers Panel is investigating the recent acquisition of voting securities in NZME Limited by Mr. James Grenon. The inquiry focuses on whether Mr. Grenon was an associate of Caniwi Capital Partners Limited and Spheria Asset Management Pty Limited, potentially breaching the Takeovers Code. The Panel has convened a meeting to determine compliance with the Code, which could impact NZME’s shareholder dynamics and market operations.
More about NZME Ltd.
YTD Price Performance: 9.55%
Technical Sentiment Signal: Strong Sell
Current Market Cap: $119.9M
For an in-depth examination of NZMEF stock, go to TipRanks’ Stock Analysis page.