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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Hunter’s Corner
6 mins to read

Patience is not a virtue in public markets

A private equity player sees value in slowpoke Metlifecare.

Tim Hunter Fri, 31 Jan 2020

First the good news. Shareholders in retirement village operator Metlifecare can look forward to trousering a respectable $7 a share some time in May after enduring a significant slump since September 2018.

The bad news is their gain will be the wider market’s loss as another company departs

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Tim Hunter Fri, 31 Jan 2020
Contact the Writer: thunter@nbr.co.nz
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Patience is not a virtue in public markets
Hunter’s Corner,
82370
true