More cash for South Canterbury


South Canterbury has received a cash injection from major shareholder Alan Hubbard’s Southbury Corporation. This appears to have been financed by Southbury issuing secured convertible notes to George Kerr’s Torchlight Fund No 1.

It will be interesting to see what happens next!

Lost Soul has some interesting things to say regarding the transaction which are worth reading.

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3 responses to “More cash for South Canterbury

  1. Peter,

    Why don’t you share with us your perspective on the leadership, strategy and direction at the company. Isn’t this your area of interest, no?

  2. And, of course, in that I’m including the governance of the board, and the performance of the Chairman, and any comments on the departures of directors, CEO, CFO and others. Thanks

    • David

      I have been thinking about this for a while, but have been busy with some other things, but I will be commenting in this area in the near future.

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