WFM 0.00% 3.9¢ webfirm group limited

chris morris - computershare takes stake

  1. 156 Posts.
    From the release:

    Webfirm Group Limited (ASX: WFM) (“Webfirm”) is pleased to announce that it has successfully
    completed a placement of $3.6 million to help fund key business growth initiatives.

    Among the investors is Chris Morris, executive chairman of Computershare Limited, who has subscribed
    for 16.6m shares in the Company’s second tranche of the raising. The Webfirm Group board of directors
    is encouraged by Mr Morris’ decision to support Webfirm by taking a significant stake. The directors are
    also very pleased with the overall response from investors, noting the offer was heavily oversubscribed.

    ..Very interesting development
 
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Currently unlisted public company.

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