GDA 1.79% 28.5¢ good drinks australia ltd

Ann: Notice of Annual General Meeting/Proxy Form, page-3

  1. 3,886 Posts.
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    If I was a holder... it would be a NO vote from me... there is a message about dilution here that management is conveniently ignoring - equity issues are a far too easy form of growth funding right now.

    IMO they will need the headroom of the 15% placement rule to be able to fund the Shed development @ Freemantle in the near term... would be interesting to see how they could do it otherwise.
 
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