the document was big on fluff and low on facts. I was hoping for some explanation as to why they needed the money, given the 9 million they are getting from the sale of security (kind of assuming it is a timing problem with the loan to ANZ due before they get the cash from TNT, or maybe they have some opportunity in mind that they need cash for).
I guess I will take up my full entitlement - I am so deep into this dog why not ......
Ann: PSC Rights Issue - Offer Document, page-3
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