Float interest
The public float by Horticultural Industries, Ltd, the Auckland-based nursery and horticultural firm, is expected to be heavily oversubscribed when the issue opens on March 9. One director of Horticultural Industries said yesterday that a broking firm had had applications from its clients for 1 million shares in the company, but that it had, only been allocated
45,000. At a press conference Mr G. J. Whiteman, of the underwriters and organising brokers, Leuschke Whiteman and Company, said that in his 20 years of dealing in the sharemarket he had never experienced as much interest in an issue such as this.
The details of the prospectus will be released tomorrow.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19840217.2.75.4
Bibliographic details
Press, 17 February 1984, Page 9
Word Count
111Float interest Press, 17 February 1984, Page 9
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in