H. Pollard firms
Renewed buying interest in Henderson and Pollard saw its shares rise 15c to 300 c on an easy, but moderate New Zealand sharemarket yesterday. Pollard had sold as high as 320 c. last week, after speculation that a take-over bid was being made for the company. Market leaders were prominent in the falls, inchiding Fletcher Holdings down 4c, N.Z. 1 orest Products 3c, and N.Z. Steel 2c. Ernest Adams eased 5c to 180 c, after reporting a lower profit in its latest half-year.
RISES New Zealand Price Var'n
Ajax A Springhall .. 225 112 3 2 Atlas lOpc pf . . 53 1 Brambles B 58 8 Brierlev rts 100 2 CPD lOpc pf . . 135 z Donaghvs 265 5 Gear Meat 125 3 Haywrights 90 2 Healing 430 □ H Pollard 300 15 H Berrv 150 3 Hume NZ deb * 115 8 Ind News 180 9 J Aviation 205 5 J Smith * t 110 Marac 190 3 M O’Brien / 5 3 Mtr Holds 90 2 NZMC 121 1" Spedding 85 1 Vacation 69 1 FALLS New Zealand Price Var’n c c A Harvey 250 2 Allied Farm 228 2 pf 225 9 Ballins pf 74 4 BOS 65 7 Broadlands 87 1 Can Timber deb 260 10 Carter Holt 288 2 Cooks Wine 135 3 Crown 206 9 Endeavour 135 5 E Adams 180 5 Fisher P 223 1 Fletcher 222 4 Freightways 118 1 HB Farm pf .. 157 3 LWR 80 2 L D Nathan 205 5 MSI Corp 118 9 Mtr Traders pf 62 1 Neil Holds 47 1 NZFF 160 2 rts .39 2 NZ Forest 273 3 NZ Steel 187 9 Prestige 73 5 R W Hellabv .. 215 K S Biolab 182 3 Smiths Mkt 130 TNL Grp 77 1 UEB 99 1 Waitaki NZR pf 125 2 Overseas BHP 1100 55 ’ ex dividend. t ex bonus.
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Bibliographic details
Press, 21 November 1979, Page 20
Word Count
310H. Pollard firms Press, 21 November 1979, Page 20
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