Previously when they have been conducting cap. raisings they have been off the boards for about a week, so I wouldn't mind betting it will be Monday before we hear anything. My tip is voluntary suspension tomorrow and re-listing on Monday.
What I don't understand is, assuming that what I have heard is correct, why aren't they using Patersons again? Patersons and their clients have been huge supporters of Neptune over the years, so I don't understand why they wouldn't use them now.
I don't remember who it was, but someone else posted the possibility of Macquarie conducting the raising. I very much doubt that would be the case as they have been selling consistently now for about a year.
So who is the lead broker then? Anyone over there in Perth want to speculate? Is there a chance it could be getting done offshore? (and would that be allowed?)
Add to My Watchlist
What is My Watchlist?