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Turners shareholders plan to sell in disgust at capital raising: NZSA

Unanswered questions: Why the rush to placement, why the deep discount, why pay for underwriting?

Jenny Ruth
Fri, 15 Sep 2017

The New Zealand Shareholders’ Association says it has heard from some Turners Automotive Group shareholders who are so disgusted by the way the company has gone about its up to $30 million capital raising that they plan to sell their shares.

Turners announced on Wednesday it was raising $25

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Jenny Ruth
Fri, 15 Sep 2017
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Turners shareholders plan to sell in disgust at capital raising: NZSA
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