Happy days for shareholder's then ,may work out better .
Thanks for the update
Printable View
Sobering reading :
After raising and spending close to $30m over 9 long years on Moa craft beer, the business got sold for $1.9m.
The boys could not repeat the successes of 42 Below, Trilogy or to a certain extent Turners.
Still, can't fault them for trying and shareholders should be pleased they manage to salvage something out of the failure of Moa.
I know which side of the $7.15M transaction I would be on,
Now, where's a bank I can laugh all the way to?
Earnings accretive, does not mean profit accretive.
Now, did I read this crowd want to cap rise $6M.
Really?, with their proven track record of flushing money down the toilet.
Suddenly, MFB looks bluechip, compared to this mob.
Looking at the 5 yr graph, 85c to sub 17c, they realised they were in the wrong business.
Not brewing & hospitality, but Demolition.
Would you like some splinters & brick dust in your coffee Sir?
No doubt everyone saw the TV reports last night, showing all the cafe & bar owners lamenting the loss of custom, during Americas Cup, and nationwide generally due to no tourists.
Ah, but SVR are DIFFERENT!
Yeah right!!!
The time to count the money, is when its in the till, not before...
Should probably change name of the thread to SVR-Savor Ltd (previously Moa), not sure who can do it, I tried but couldn't.