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Allied Farmers Limited

Allied Farmers Shares Plunge As Hanover Investors Start Sell

Allied Farmers Shares Plunge As Hanover Investors Start Sell
Wellington, Dec 21 NZPA - Allied Farmers shares fell 32 percent to 10c today as investors in Hanover Group started trading the shares they received in the deal that only just got investor approval last week.

Allied Farmers Shares Fall Nearly A Third

Allied Farmers Shares Fall Nearly A Third
Wellington, Dec 21 NZPA - Allied Farmers shares lost nearly a third of their value by lunchtime today after 1.9 billion shares were issued to the former investors in Hanover Finance.

Sharemarket Shrugs Off Flat Open To Close Higher

Sharemarket Shrugs Off Flat Open To Close Higher
Wellington, Dec 18 NZPA - The New Zealand sharemarket posted gains in thin trading today care of rises in selected leading shares, most notably Telecom and Contact Energy.

Allied Farmers Shares Fall In Day Of Contrasts On Sharemarket

Allied Farmers Shares Fall In Day Of Contrasts On Sharemarket
Wellington, Dec 17 NZPA - The price of Allied Farmers shares dropped like a stone when they resumed trading today while Nuplex and Hallenstein Glasson rose after expressing optimism about profit outlooks.

Small Early Gain For NZ Sharemarket

Small Early Gain For NZ Sharemarket
Wellington, Dec 17 NZPA - Shares in NZ Refining Co fell 10c in early trading to 395 after the company said it was expecting full year net profit of between $10 million and $20m. That compares with net profit of $125m for the 2008 calendar year.

No Law Breach Found In Allied Farmers Share Trading

Wellington, Dec 17 NZPA - The Securities Commission has found no securities law breach in high trading of Allied Farmers shares last week.

NZ Sharemarket Rises In Thin Pre-Christmas Trading

NZ Sharemarket Rises In Thin Pre-Christmas Trading
Wellington, Dec 16 NZPA - The New Zealand sharemarket posted gains in thin pre-Christmas trading today, while other markets drifted.

NZX Main Index Slips In Mixed Trading

NZX Main Index Slips In Mixed Trading
Wellington, Dec 11 NZPA - Allied Farmers shares closed steady at 20c despite the Securities Commission's decision to seek more information on unusual trading of a parcel of those shares in which the price fell 8c to 20c yesterday when only 125,000 shares changed hands in two lots.

Allied Farmers Share Trade Referred To Regulator

Allied Farmers Share Trade Referred To Regulator
Wellington, Dec 11 NZPA - Stock exchange operator NZX has referred what it called "unusual" trading in Allied Farmers shares yesterday to the Securities Commission for urgent inquiry under the commission's statutory powers.

Allied Farmers Unaware Who Bought Parcel Of Shares

Allied Farmers Unaware Who Bought Parcel Of Shares
Wellington, Dec 11 NZPA - Allied Farmers board says it is unaware of the buyer or seller of a large parcel of its shares yesterday, when the price of the stock fell 8c to 20c.

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