furniture, if you're about, I know I said Deutsche Bank seemed to be doing a share loan/maybe shorting thing, but I see they have also just done that becoming a substantial holder with schedules 2 and 3, etc. Maybe they do think this takeover will come about after all. Again, there was large volume in NFE today. Either the share price is being kept up to satisfy the insto's from the raising, or something else is happening.
The money from the retail raising should be forthcoming, as the major shareholder would be giving via the retail path, I should think. It's unusual to have a capital raising so close to decisions on the takeover. It has been said by NFE that there will be a decision mid-October on this, unless the parties agree to extend it.
There could be about 80% upside in this (is that % right?) on a diluted basis, if the takeover occurs. Too good to be true? Thinking BBG here- yuk. We'll find out soon.
DTZ Price at posting:
53.0¢ Sentiment: None Disclosure: Not Held
