NZ Merino CEO cashes in as questions linger over PGPs
New Agriculture Minister Damien O'Connor questions the value of some Primary Growth Partnerships.
Duncan Bridgeman Fri, 03 Nov 2017
New Zealand Merino chief executive John Brakenridge has cashed in half his stake in the company at a price of $5.23 per share, according to the 2017 annual report.
The price was calculated on a set formula taking into account the company’s assessed earnings and enterprise value – putting it well
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