Sharesies steps in for jilted Savor shareholders

The listed-restaurant owner wants to clear a lot of small ex-Moa shareholders off its register. (Photo: supplied)

Tue, 20 Jul 2021

Sharesies has volunteered to help some 800 Savor shareholders hold onto their investment after the listed restaurant owner announced it would compulsorily acquire any stake worth less than $1,000.The forced buy-out has left a sour taste in the mouth of investors who have been with the company since it listed as Moa Group in late 2012.One early backer, communications adviser Jonathan Hill, told BusinessDesk it was the end of a “very sad, sorry saga” having invested $2,000 in the initial public offering for the wannabe beermaker and c...

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