This kicks off the start of what will be many many capital raisings.
More staff = more costs
Uganic needs serious marketing behind it or it will never finds it’s way into supermarkets - millions of $$ a year
Masons sure got a fantastic result here. USD$55 million (AUD$74M) for 75%. When was the last time WHA stated the financials for B&P so shareholders can vote in an informed manner on whether or not this is in their best interests?
Again management not participating in the cap raising and again some BS excuse given as to why they are not participating but they want shareholders to dig deep - what a show of confidence by WHA management. I don’t think any WHA management/directors have ever paid for any shares
This is only partially underwritten and I wouldn’t be surprised if the raising fails
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- Ann: WHA Signs New Agreement to Acquire B&P and Rights Issue
Ann: WHA Signs New Agreement to Acquire B&P and Rights Issue, page-6
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