Australian Super exit. BCI to become major holder, page-4

  1. 392 Posts.
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    AMN already flagged a raising in their last quarterly, and have been in discussion with brokers already as far as I'm aware, the hangup (supposedly) being the level of discounts being requested to VWAP.

    https://hotcopper.com.au/data/attachments/3808/3808172-5c79e51551f7259e7c5baf70510a1f46.jpg

    Imo i think AMN are just waiting as much as they can to prevent giving APC level discounts on raisings for SOP players, but there's the risk of leaving it too late (Feb/March) where brokers then know they need cash desperately.

    Perhaps one of our well paid directors will step up with a short term loan to get through this sour period?
 
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