Wynyard Group capital raising?

**trackers** · 24-02-2016, 10:02 AM

Wow what a shambles. That's an incredible loss, doubling every year with revenue not even remotely close to growing at the same rate. Shocker

**mayday** · 24-02-2016, 10:04 AM

traded volume 60.662, down 41%, but can't see any big insto selling their stakes

**blackcap** · 24-02-2016, 10:06 AM

Originally Posted by mayday

traded volume 60.662, down 41%, but can't see any big insto selling their stakes

Interesting how different markets react to these type of situations. If this was Australia, my guess is WYN would be trading at 40 cents and instos bailing. In NZ that does not tend to happen.

**trackers** · 24-02-2016, 10:15 AM

Originally Posted by blackcap

Interesting how different markets react to these type of situations. If this was Australia, my guess is WYN would be trading at 40 cents and instos bailing. In NZ that does not tend to happen.

Yeah I thought more or less the same

**goldfish** · 24-02-2016, 10:16 AM

Yes still got a market cap of 130 odd mill at 95 cents.
After all the info that has came out I'm surprised it's not half that MC yet.

**Baa_Baa** · 24-02-2016, 10:30 AM

.85 right issue is 24% discount off IPO, and 74% less than the all time high price. Jeepers what a ride, even for a spectator!

**RGR367** · 24-02-2016, 10:38 AM

Originally Posted by Baa_Baa

.85 right issue is 24% discount off IPO, and 74% less than the all time high price. Jeepers what a ride, even for a spectator!

Yeah and unbelievable that some would still want it at more than 90 cents at the moment. WOW!! Nice to see drama unfolding and we would only put a punt on it for very much much much less than that one. GL to holders then.