Excerpt from Goodreturns.co.nz re y'day trading...Pushpay Holdings plummeted 8.7 percent to $8.40 after sharing its half-year result. At first glance the result was positive, with revenue and profit both rising significantly. However flat customer growth and the departure of the Huljich family from the board seemed to prompt a sell-off from some investors.
The Huljich family hold more than 15 percent of the company and Peter Huljich’s departure from the board releases him from restrictions on sell shares.
Pushpay said the family has not indicated any intention to sell down their holdings.
Excerpt from Goodreturns.co.nz re y'day trading...Pushpay...
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