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Duke’s grip on Briscoe poses liquidity question

3 min read

Briscoe Group’s tightly held shareholder register – where managing director Rod Duke owns three quarters of the retailer – might pose a few curly questions for passive investors tracking the S&P/NZX 50 index once the firm joins the benchmark.

The homewares and sporting goods chain will join the top 50 later this month at the expense of arch-rival Warehouse Group, meaning institutions tr...


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