Woolworths and the Clayton's capital raising
This week we launched into 2017 with our first blog that looks at the Woolworths capital raising, sorry asset sale, that probably went unnoticed by most people with it being announced in the 2.5 day trading period between Boxing Day and New Year. The blog looks at why the higher price that was received is somewhat deceptive and what the implications may be for how the rest of the business is tracking as we head into 2017 and their results in February. And we even throw in a link to explain what a Claytons drink is, which is what a lot people on their January detox should be drinking! (VIEW LINK)
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Chad co-founded Morphic Asset Management in 2012. As a stock picker Chad is also a generalist but has strong regional knowledge of Europe and the Americas. He has also been awarded the CFA Charter.