KMD raise and ‘aggressive banks’ take Rod Duke by surprise
‘With a $200 million capital raising not that long ago, I’d be interested to see what they’ve actually done with it,’ he says.
KMD Brands’ footwear subsidiary, Oboz.
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Briscoe Group’s Rod Duke has admitted he was surprised by KMD Brands’ decision to raise capital, and he questions what happened to the last lot of funds raised.
Duke – who holds a 6.8% shareholding in the outdoor retail company through Briscoe Group – confirmed he had been shoulder tapped
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