$4 million via a placement and rights offer at a 14 percent discount and $1.26 million through a one-for-30 non-renounceable rights issue on the same terms.
Last edited by Hectorplains; 10-09-2016 at 10:57 AM.
Well spotted back in May. With that out of the way and top up cash in the bank, are prices now headed back to "pre-pump" levels? NZ sharemarket really is like the wild west at times.
Burnt through a quarter of the cap raising cash with sod all to show for it. Sales increase and expenditure decrease is still less than that. Apparently, the distant full year revenue prediction will be achieved with the launch of a new 'reserve' range and cans for the whole country... yeah, right... Whoops, wrong beer....
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Originally Posted by bull....
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