BRIAN GAYNOR: Moa – beer sales struggle while there is no food on the table

Mon, 27 Apr 2020

Moa’s upcoming rights issue at 14 cents a share, which is not underwritten, presents a huge dilemma for shareholders.Will chairman and chief executive Geoff Ross be able to engineer another Houdini act as the company faces months, perhaps even years, of covid-19 uncertainty?IPOMoa Brewing was incorporated in July 2004 and was 100 percent owned by Blenheim-based Allan Scott and his son Josh. The Scott family owns Allan Scott Wines.In 2010 and 2011, private equity firm Pioneer Capital and The Business Bakery joined the share registry. The l...

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