I've got the feeling that $80m Credit Suisse conditional debt facility is a red herring
Funding more likely to come from MLX/Chinese
WGR probably need this sorted within next 2-3 months
To raise equity now at 19c less 20% discount would be dilutionary suicide. Even if MLX maintained their 27% the extra shares on issue may prove harder to mop up
Very quiet in here these days, reckon most of the small guys have been muscled out
1 for 1 WGR for MLX looking the most likely IMO
Cheers
WGR Price at posting:
19.0¢ Sentiment: Hold Disclosure: Held
