Yes but they just don't give me enough, find myself scrounging through stuff I've
read several times over...I.M.O Lansted Capital (with their 30 Million odd shares
and Citicorp Nominees Pty Limited (25 Million))still want to make some money
since coming in only approx. OCT/NOV, 2015.
They still want the upside for their medium/long-term investment on top of other gains.
Below extract from Lansteads website:
Our Approach
Most investment firms just look at the numbers and will do any deal that walks in their door. Lanstead Investors is focused on making the right kind of investments with the right kind of companies. Our hope is to be a longer term partner for company’s financing needs.
Both will provide the capital required for your growth plans but your company will pay for that capital with high interest rates or large portion of ownership. Neither will of these traditional routes will share in any of your company’s upside during the financing period. At Lanstead Investors we think there is a better way.
Our unique financing model is designed to share in the upside as your company grows. Traditional debt or equity financing can’t offer you this unique financing model. The best part is that the upside doesn’t cost the company anything. Simply put, it is the way financing should be done. Equity Raisings are not just about Selling Shares!
Lanstead partners with companies that they invest in to help them grow value. Our approach is outlined below: Aligning Investment & Project Timelines:
Lanstead are medium to longer term investors.
This creates certainty and stability which forms a better environment for management teams to grow value.
Ongoing Capital Support:
Lanstead regularly supports ongoing capital raisings where management teams have delivered on their objectives.
Sharing Upside:
Lanstead shares the upside in their investment with the Company to incentivise growth.
This helps to align the interest’s of companies and shareholders.
Supporting Company Management:
Lanstead does not request board representation and do not have any restrictive covenants on future capital raisings.
Historically, Lanstead has voted in favor of existing management teams for various contentious issues.
Feels like a Safe bet to me...D.Y.O.R
WMN Price at posting:
0.2¢ Sentiment: Buy Disclosure: Held
