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.
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
Sat, 09 Jun 2018
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Moa raises cash from directors before opening retail offer
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