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what a pretty pattern!!

that is what happens when I copy and paste announcements.

"The statement again stipulates UP TO 100%, hence could be 5%, 50% or (hopefully not) 100%. "


good point this certainly leaves the door open for a number of options

rights issue
some hybrid share offer
bonds
full takeover
partial takeover
corner stone investor for cash say a chinese company
a new loan from another syndicate of banks
sale of other assets eg Martabe

they might all play a role

In any case I think the sale of PH has been on the cards for months. Wasn't it forshadowed when Michelmore said the company has been trying to sell a stake in Prom Hill since the merger?