Replies to post #458 on Neptune Wellness Solutions Inc (NEPT)

[FUNMAN]

I think NEPT tops breakeven with about a $10 million Q.

This deal should be immediately accretive:

https://neptunecorp.com/wp-content/uploads/2019/07/NEPT-PR-Sugarleaf-closing-ENGLISH.pdf


One week before the above transaction, this private placement was completed.

https://neptunecorp.com/wp-content/uploads/2019/07/NEPT-PR-PIPE-Financing-EN.pdf

It raised US$41 million but this is the part of the deal I really love:

"John Moretz, Chairman of the Board, and Michael Cammarata, President and CEO of Neptune, invested US$5.0 million in the aggregate as part of this Offering."

I love that kind of insider commitment.