So looks like a shortfall of around 100-150 million shares. That...

So looks like a shortfall of around 100-150 million shares. That many has traded over the last week or so, so some hope the overhang ain't that big.

The lack of detail for a transaction this size is still chilling. But they have promised something by the end of the month, AFTER PEOPLE HAVE PARTED WITHT THEIR CASH!!! what the.. Anyway I assume macquarie is comfortable and that gives us some confidence.

How the $10m bridging loan is to be handled is unclear. But could be seen as providing a way for Macquarie to significantly up its stake in the vehicle at a later stage..