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Ann: Successful A$100M Equity Raising, page-27

  1. 110 Posts.
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    I have heard that the asking price for Nicolsons 18 months ago was $80m. An offer of $40M was rejected at that time. This might explain why the asset has not been sold. I am hearing this first hand from that bidding party. Interesting they are playing so hard ball on price but do an equity raising instead.
 
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