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‘Every dog has its day’ says shareholder as Wellington Drive eyes profit

Progress put down to better management, new products.

Tim Hunter
Wed, 01 Feb 2017

The longest start-up phase in history could be over for NZX-listed Wellington Drive Technologies, which is poised to report its first ever operating profit, 20 years after launch.

The Auckland-based electric motor maker has burned through $110 million of shareholders’ funds over the last two

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Tim Hunter
Wed, 01 Feb 2017
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‘Every dog has its day’ says shareholder as Wellington Drive eyes profit
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