I would be surprised if anyone who bought in during march would dump shares now at a loss but who knows others reasons for selling. All I know is the bot selling doesn't look like capping it just looks like someone selling a large holding. Bottom line is it has 940 million shares on issue so could be anyone.
from 29th march Ann.
The Food Revolution Group – Strategic investment
The Food Revolution Group Limited (ASX: FOD, or ‘the Company’) advises that the Company has
secured investment of $3m from 2 strategic global institutions via Evolution Capital Advisors Pty Ltd.
Tony Rowlinson, CEO of the Company, stated “Having the support of these institutions and the
capital rasied from this placement strengthens the Company’s ability to now deliver on its growth
plans by:
Supporting the Company’s rollout of Juice Lab Wellness range, capital spend on new clean
room plant and equipment in fast tracking the introduction of more wellness supplements
from the new facility.
Assisting in transition in the Company’s overall financing. The strengthened balance sheet
from this placement will position the Company’s finances with extra financial capacity to
help in the companies growth plans.
The company will update the market on other debt re-financing initiatives to further enable the
Company’s growth as these are finalised.”
- Forums
- ASX - By Stock
- OJC
- Ann: Change of Director's Interest Notice
Ann: Change of Director's Interest Notice, page-12
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OJC (ASX) to my watchlist
(20min delay)
|
|||||
Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $53.32M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
OJC (ASX) Chart |
Day chart unavailable