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BlueScope Steel says shares in Kiwi ironsand company were worthless

Court hears shares were worth as much as $633m on one valuation.

Reweti Kohere Tue, 05 Nov 2019

A Kiwi subsidiary of Aussie steel producer BlueScope says the company that failed to buy a New Zealand ironsands mine suffered no loss because shares in the mining company were worthless.

Toward Industries began opening submissions today, as the six-week trial before Justice Ed Wylie in the

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Reweti Kohere Tue, 05 Nov 2019
Contact the Writer: reweti@nbr.co.nz
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BlueScope Steel says shares in Kiwi ironsand company were worthless
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