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
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