Further investment in agave plant & scaling a good use of funds IMO
making a lot of claims re Neds and Grainmakers being #1 brands in Oz... when you use $$$$ vs pcp... from a low base - it is easy to show how you would make the top of the chart.... additional $10m investment in these two brands to increase inventory and increase exposure / market share etc - hope for holders that it can get a decent ROI...
Cannacord underwriting will result in the issue price becoming the SP in the near term unless it goes oversubscribed (which I doubt it will). Current SP vs issue price would make me say that there would not be many holders who stand to profit (from selling & rebuying via offer) as the price has only traded below $1.60 on 14/7, 15/7 & then 29/9-4/10
Will see where the next month plays out before looking at possible entry points
Ann: Capital Raise Investor Presentation, page-2
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