MAC
11-03-2014, 09:47 AM
Greenlane Biotech could list, I’m always a little cautious and hesitant when I hear bailed out companies provide turn around strategies. Engineering customers tend to stop spending capital during times like the GFC and it may be that the company was simply not yet established enough to survive that. Have to await the details I guess;
“Greenlane would require another capital injection at some stage, and a listing on the NZX was a possibility, Powell said. When I look at the growth ahead, and it really is quite profound... increased capital is going to be one thing that’s needed”.
http://www.stuff.co.nz/business/unlimited/9802101/Biogas-firm-gets-capital-injection
“Greenlane would require another capital injection at some stage, and a listing on the NZX was a possibility, Powell said. When I look at the growth ahead, and it really is quite profound... increased capital is going to be one thing that’s needed”.
http://www.stuff.co.nz/business/unlimited/9802101/Biogas-firm-gets-capital-injection