Tegel's shares tank on profit downgrade
Chicken glut squeezes Tegel's first half and annual earnings. Shares plunge.
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Hawke’s Bay
Tegel Group Holdings’ shock announcement that it won’t meet its prospectus forecasts sent its shares plunging more than 16%.
The shares fell as much as 25c to $1.30 in morning trading, well below May’s $1.55 float price.
"They're going to miss their forecast given to the market when they
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Jenny Ruth and Paul McBeth
Thu, 15 Dec 2016
Thu, 15 Dec 2016
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Tegel's shares tank on profit downgrade
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