I just spoke with a compnay rep on (03)99097200. He said the $6m figure was an extrapolation by the media and that no figure has been release to the market. He also said that discussions are underway and that in all probability Monday will see info released concerning the amount and the reasoning.
The Asian portfolio is obviously a priority and why not. This little Aussie company is mixing in the right market places IMVHO.
esp.
CXY Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held