Hi Paulie G.
I think I remember reading somewhere that the raising would be done in 2 components:
1 Institutional placement firstly which should happen soon
2 Then a Rights issue to existing share holders at similar terms to the placement.
Dont quote me on this, But I am sure it was in one of the previous annoucements.
Ann: CI - 202 - Competent Persons Report , page-14
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