Amazon in the USA has recently been getting into the online pharmacy business - Warehouse borrowing the strategy seemingly and getting in first here.
Printable View
Amazon in the USA has recently been getting into the online pharmacy business - Warehouse borrowing the strategy seemingly and getting in first here.
Ownership of Zoom Health from companies office includes the following, among others.
6923077 shares (26.02%)
The Warehouse Limited
2393403 shares (8.99%)
Snowball Nominees Limited
If we consider the Snowball funding round raised $2,660,064 - (looks like that was completed in February)
Followed with making the big assumption that The Warehouse entered at a similar valuation point - seems they may’ve invested around $7m, plus or minus.
Watchful, if you open up the PDF document on the Companies Office titled Director Certificate you will see that the considerations for the issue of the new shares to WHS was $4,500,000, so maybe they got a bargain.
Good work folks finding that. So on 346.8m shares on issue the net value per share of this new investment was $4.5m / 348.8m shares = ~ 1.3 cents per share and not material at all in terms of impairing their ability to pay a very handsome full year dividend in due course :)
Bye the bye ,does anyone know who owns the chemist warehouse? As far as ive got is maybe American based in Virginia.
Yes well done digging that up lads.
Got it,Chemist Warehouse in Aus and NZ privately owned,shame.Sorry bout sidetrack.
good work folks digging up that info , with WHS muscle behind it it will grow pretty quick now. good investment by the whs