JCR, the article in the AFR says "It [the company] has been talking to potential suitors including local and offshore trade names about a takeover. But those proposals have also fallen over."
For members or take a free trial, the link:
http://www.afr.com/Page/Uuid/52b18828-5624-11e3-b1c8-465f9441c1e6
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at what level can we expect the cap raise?, page-123
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