9 May 2013

Mighty River Power set to list on NZX tomorrow

From Nine To Noon, 9:08 am on 9 May 2013

The Government has revealed a final price of $2.50 a share for Mighty River Power. Nachiket Moghe, a senior analyst with independent research house Morningstar, discusses why it was below the midpoint of the $2.35-$2.80 indicative range and only 113-thousand applicants ultimately bought in.