SFG 20.0% 0.2¢ seafarms group limited

Ann: SFG PSD Equity Raise, page-22

  1. 151 Posts.
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    Nissui has the option like everyone else to top up at 5.5c, and in fact their deal from the beginning is they have the RIGHT to maintain their percentage on equal terms. How is it wealth protection if Trahar putting another 35m of own money in, if it goes bust it will be wealth destruction, more for him than anyone else. He continues to lead from front with own hip pocket and you can’t fault that, he’s really just maintaining his percentage
 
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