In some respects there is nothing wrong with this cap raise as it could amount to a lot but they need to really start getting results fast - as in next quarter.
They can't expect shareholders to keep jumping on board time after time for new acquisitions when we keep thinking that oh this will be the last one.As for IPO holders it is frustrating because I was on board for a dairy based business that I thought would expand the Rolleston plant and add on infant formula when the time was right. It seems that the 4 pillar mansion is now propped up by about 10 pillars.I will give them this next quarter to prove me wrong in regards to revenue growth otherwise I'll be seriously reconsidering my investment.
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