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[sharechat] NZSX investment floats


From: robin benson <rob@hammerheadmedia.co.uk>
Date: Mon, 2 Feb 2004 17:30:06 +0000


Some attention has surrounded a couple of floats-to-be on the NZSX 
early this year: Salvus and Kingfish.

Between them, they stand to invest, over time, up to NZ$125m. There 
seems to be some enthusiasm for listing such investment vehicles as 
soon as possible, seemingly fishing for minnows off the main board.

Presumably, the timing of these floats has something to do with the 
NZAX initiative.

Is this is emergence of a tier-2 level of investment for established 
startups in NZ?

Regards

Robin


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