Originally Posted by
Balance
He wants the money and the underwriters are smart enough to play the game to win - after being caught with PEB, ARV and NZX.
I do not have a problem with companies raising capital ( great opportunities sometimes) but I must say I draw the line when they raise money to invest in Australia.
Outsized ego at play - what makes NZ executives think they can take on the Australian players? What competitive edge do they bring to that market of sharks and predators?
Remember how that idiot Mark Weldon bought into Grain Corp in Australia? All in the name of growth and diversification - came back to NZ with a black eye and destruction of shareholders' values.