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Thread: Parrotdog

  1. #1
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    Default Parrotdog

    Has anyone seen this new share issue for the craft brewery Parrotdog? The prospectus has just come out today and looks interesting.
    All been done through pledgeme at $1 a share with three different levels of benefits depending on your investment.
    http://parrotdog.co.nz/ParrotDog-Gui...Prospectus.pdf
    I think it might be worth laying down a few hundred $, especially if I can drink enough, the discounts are going to add up.

  2. #2
    An Awesome Cool Cat winner69's Avatar
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    I'm in

    Great beer amd my favourite.

    Good to support local guys ...and Lyall Bay a great place to go these days. Be nice to have my own shareholder handle.

    Is really a donation but for a good cause
    “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

    –Benjamin Graham”

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    Legend shasta's Avatar
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    Interesting, could be a location for a Wellington sharetrader meeting...

  4. #4
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    Quote Originally Posted by shasta View Post
    Interesting, could be a location for a Wellington sharetrader meeting...
    You putting the 35 grand up to get a dedicated space for the night?
    “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

    –Benjamin Graham”

  5. #5
    Legend shasta's Avatar
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    No, not that interested, but maybe somewhere we they sell the product to try...

  6. #6
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    I think 35k is bit much for me too, but I will be in for a much smaller amount.
    Considering Lion bought Emersons for maybe $8mil and Panhead for I don't know what I think the big commercial boys are starting to take notice of quality beers and are maybe a little bit scared of loosing a few % of their market share.
    Anyway interesting times ahead and plenty of tasty interesting beers around.

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    Quote Originally Posted by Radler View Post
    I think 35k is bit much for me too, but I will be in for a much smaller amount.
    Considering Lion bought Emersons for maybe $8mil and Panhead for I don't know what I think the big commercial boys are starting to take notice of quality beers and are maybe a little bit scared of loosing a few % of their market share.
    Anyway interesting times ahead and plenty of tasty interesting beers around.
    It does seem a crowded market however they must be losing market share given the acquisitions.

  8. #8
    An Awesome Cool Cat winner69's Avatar
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    Pledge me site over loaded

    Strong demand - every body wants a handle
    “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

    –Benjamin Graham”

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    Quote Originally Posted by winner69 View Post
    Pledge me site over loadedhaStrong demand
    every body wants a handle
    Half a mill in less than an hour! I guess for some people the 10% discount will be a great dividend, if not pay back the entire investment.

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    And $1.3mil this morning

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    And now they have reached their $2mil target.
    There appears to be 812 investors (pledgers) so an average of close to $2500 per investor, looks like there will be plenty of discount and plenty of beer flowing.

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    Red face Well...

    Quote Originally Posted by Radler View Post
    And now they have reached their $2mil target.
    There appears to be 812 investors (pledgers) so an average of close to $2500 per investor, looks like there will be plenty of discount and plenty of beer flowing.
    I took a punt, anyone else?

  13. #13
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    Quote Originally Posted by Raz View Post
    I took a punt, anyone else?
    Will be my local when Lyall Bay up and running

    See you at shareholders meeting raz
    “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

    –Benjamin Graham”

  14. #14
    An Awesome Cool Cat winner69's Avatar
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    Got some help distributing the larger volumes from Moa
    “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

    –Benjamin Graham”

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    Just ordered some beers though the website and used my discount - my shares are starting to pay for themselves already

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