NZX swallows bitter pill in Xero delistingSTUFF Xero boss Rod Drury said there was no need for a vote on delisting. READ MORE:* NZX decides to let Xero go without a fight* Xero shares fall after it announces surprise decision to delist from NZX* Xero boss Rod Drury makes biggest raid so far on the 'bottom drawer'* F&P Healthcare won't consider following Xero off the NZXWill this make it harder for Kiwis to buy and sell Xero shares? Kiwi stockbrokers all let clients buy and sell shares on the ASX and the fees are usually no different to trading shares on the NZX. It owns $10 million of Xero shares in a $293m "passive" fund that tracks the NZX 50. Could the NZX have forced Xero to put delisting to a shareholder vote?

Source: Stuff December 01, 2017 04:45 UTC