The Markets
Pacific Edge's plunge helps NZX50 to lowest level in 10 weeks
Wednesday 7th of June 2023
On its darkest day of trading in two decades, Pacific Edge ended well below its February 2004 price of 14.9c. It closed the day with a fall of 38.6 or 77.98% to 10.9c after coming out of a trading halt and seeing 25.4 million of its shares worth $2.81m being traded.
Pacific Edge listed at 25c a share in late November 2002 – 15c was paid upfront and 10c deferred to September 2003 &...
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