capital raising and positive outlook

I see this capital raising as a very big step in the right direction.
It should have been done 12 months ago but better late than never...
With a positive outlook in wine sales, wine glut under control, AUD depreciating, Interest repayments decreasing and vinyard leases 30% lower.
All these pointing to higher profits and a brighter future.

Institutions didn't look at AVG due to high level of debt and low share volumes. This raising will solve those problems and i believe the company will be on peoples radar again post raising and the share price will go up and up.

A similar story to FNP post raising a year ago.

AVG is a much better investment than TWE and with a PE ratio of 8 is a steal.