You have almost got to feel sympathy for Investors in Moa who signed on at $1.25 for a company that described itself as
"Moa is a leader in producing super-premium, craft beer in New Zealand and has the ambition to create “New Zealand’s Beer, Globally"
https://philcook.net/beerdiary/wp-content/uploads/Moa-IPO-document.pdf
But are now left with a stock at 20c, which now only wants to be a pub owner
"Moa announces the divestment of Moa Brewing Company, continuing the development and expansion of its successful hospitality group, Savor Group, one of New Zealand’s largest hospitality businesses. "
https://www.nzx.com/announcements/367847
Oh and BTW your know that craft brewery you were excited about, we just flipped it to our CEO
