UPDATED: Veritas shares plunge on profit warning
PWC briefed in December to review company plans and budget
UPDATE 5.30pm: Veritas shares closed down 42%, or 21c, to end the day at 29c, valuing the company at just $12.6 million.
Trading volume was a modest 168,762 shares, representing about $57,000 worth of shares changing hands.
The company is 34.7% owned by Michael Morton, chief executive of the Mad
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Tim Hunter
Wed, 27 Jan 2016
Wed, 27 Jan 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
UPDATED: Veritas shares plunge on profit warning
55004