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46,639 Posts.
8760
09/06/11
13:24
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"There will be no cap raising anytime soon, if at all.That's what i was told"
Hmnn Phoenix that's what CDU told shareholders via an asx release two weeks before they sold 10m shares to M & G at $2
Given the way the Banks made OZL fire sale their assets at the bottom of the GFC I would doubt Bank Funding would be available to QMN.
CDU is a half billion market cap and they had to go to China and down the placement slash off-take road.
I reckon your Exco hook up seems the most likely when they are cashed up after the CCP sakle to the X Men.
Cheers Hoot
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