This is the 2nd item regarding the street talk comment. I believe I was spot on in my first comment in this thread regarding woollies top up with the $7.5 million and woollies $1.9 million we will have $9.4 million to play with, should be handy pocket money after debts are settled Woodie.
1 Page 1 of 1 Woolies moves to keep stake in Gage Roads
19 April 2013 | The Australian Financial Review | Sarah Thompson and Anthony Macdonald
PRINT: 19 April 2013 | The Australian Financial Review | PAGE 14 | Woolies move on Gage stake
Woolworths was scratching around on Thursday for $1.9?million to maintain its 25.5 per cent stake in craft brewer Gage Roads after a $7.5?million placement which will be used to repay debt and fund a doubling in capacity over four years. Related News Companies Woolworths Ltd, Gage Roads Brewing Topics Company News, Consumer Goods & Services, Consumer Goods & Services/Food & Drink, Consumer Goods & Services/Retail & Wholesale, Consumer Goods & Services/Hotels, Casinos, Restaurants & Leisure, Manufacturing
GRB Price at posting:
17.0¢ Sentiment: LT Buy Disclosure: Held