Top Shelf International’s (ASX: TSI) NED Australian whisky and Grainshaker Australian vodka have been packing a punch in sales and accolades lately, but shareholders are about to see their investments watered down for the second time in three months.
The Melbourne-based company – which also has 520,000 agave plants in the ground between Airlie Beach and Bowen in The Whitsundays, as well as a distillery for this crop set to open in the coming months – plans to raise up to $40 million at 25cps, of…