close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

Did Wynyard undershoot its capital raising target?

Wynyard will need a much higher figure than Wynyard is targeting, Sam Stewart says the company has a “high burn rate.”

Jason Walls
Tue, 16 Feb 2016

Security software company Wynyard Group’s [NZX: WYN] current capital raising could be insufficient as an analyst suggests a much higher target could be needed.

Late last year, Wynyard’s shareholders passed a resolution to raise at least $30 million over the next 12 months.

But independent

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Jason Walls
Tue, 16 Feb 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Did Wynyard undershoot its capital raising target?
55501
true