My recollection is that the capital raising is meant to close...

My recollection is that the capital raising is meant to close tomorrow.

I reckon that:

1. It will be grossly undersubscribed.

2. The underwriters / subunderwriters will not stand.

3. Winteray will either try to wriggle out of its commitment or will ultimately fold.

Just idle speculation! Can't wait to see how it plays out.