capital raising, page-61

And what chance the majority of posters here have got this announcement totally wrong and capital has been raised without any dilution to shareholders? If nations such as Germany and France have and continue to bankroll insolvent nations in the EU, achieving financial backing for Alchemia does not appear to be a stretch. After all, its not a case of a fool and his money being parted, such as in Europe. Maybe, it took PS a little longer to tie down the backing, and the board didn't want to go to market in the last few weeks given the result on SP when the AG announcement came out.