Imho, about to go to the market for funds., page-3

Gotta love HotCopper.

Perpetual have a large stake in the company acording to Commsec and there was a substantial notice the other day for FIL buying a 5% stake.

I'll never say never, but you clearly don't know what you are talking about. Your 'IMHO' is an understatement.

And did you read the buy back pre announcement in FY results?

Also Joey Lim is quoted today saying he firmly believes it is undervalued yet needed to sell for 'family reasons'.

Why would a major shareholder and CEO raise capital after saying this?

Dilute the shit out of the register for a hotel? They havn't even got Star Vegas firing yet.