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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
3 mins to read

Moa raises cash from directors before opening retail offer

High-profile US investor takes stake as Moa's profits slip; shares down 25% for the year.

Calida Stuart-Menteath
Sat, 09 Jun 2018

Moa Group has raised more capital to fund growth, as its profits continue to dwindle.

The Auckland-based brewer has raised $1.9 million through a share placement, issuing 3.7 million new shares at 51.3c a share.

The stock last traded at 49c a share, having fallen about 25% over the past 12

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Calida Stuart-Menteath
Sat, 09 Jun 2018
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Moa raises cash from directors before opening retail offer
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