Taken from December CR "Xcel Capital Pty Ltd and Sanlam Private Wealth have been engaged to act as Joint Lead Managers (JLMs) to the placement. The JLMs will receive capital raising fees of 6% of the placement."
The have done the last couple of CR's for ECS.
what dirt have you found on them, assuming you mean Xcel and not Excel
Excel capital, page-6
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