WasteCo's share price slumped to a low of half a cent ($0.005) earlier this month.
WasteCo is focused on rebuilding shareholder and other stakeholder confidence in the company, after its share price slumped to a low of half a cent ($0.005), earlier this month.
The waste management company had a market value of $25.2 million when it listed on the NZX in 2023 at 5 cents a share, but the price had been trending down since March 2025, but slumped to a low of $5.5m.
Shareholders Association (NZSA) chief executive Oliver Mander said there was a long list of concerns about the outlook for WasteCo, including the need for greater transparency, board independence, a clear path to profitability, as well as its plans to address health and safety issues following the deaths of two workers on the job in the past year.
The outlook
