Logo of Tourism (NZX:THL)Latest Tourism (NZX:THL) News

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Market Wrap - Week 22 (25 May -> 29 May) 2026

Speculative small caps drove the week, with Tasman Resources, Solis Minerals and Lithium Energy leading the board after funding, drilling and asset sale updates. At the other end, ASX Ltd and Arafura Rare Earths fell hard as investors reacted to higher costs and fresh equity issuance.
Logan Eniac
30 May 2026

BGH Consortium Proposes NZ$3.10 Per Share Bid as THL Revises FY26 Profit Forecast

Tourism Holdings Limited (THL) has received a revised acquisition proposal from a BGH-led consortium offering NZ$3.10 per share. Meanwhile, THL has downgraded its FY26 profit guidance and raised its net debt forecast amid ongoing global travel uncertainties.
Victor Sage
29 May 2026