Ann: WHA Signs New Agreement to Acquire B&P and Rights Issue, page-42

I admit that I’ve never been a big WHA supporter in the past (you can tell by my past comments). However, I have to say that they started to get things right:
1. Gramercy loan deal was dumped is their biggest win. If they gone with that deal, surely they will not be able to pay them USD$35M (4 years) for interest only is crazy.
2. B&P new deal with Mason is a bargain, 3.33% (5 years) is better than mates rates (it shows that WHA is still being supported by Mason).
3. Tony’s CEO appointment is another win for them as he’s a well-known person in the Dairy industry worldwide and with his vast experience and his connections he’ll bring WHA to another level. Lazarus on the other hand just simply unqualified and incompetent as a CEO.
4. CR at 40c is way better than I thought and if they managed to pull this off, they will be in much better position than they are now.