MAE marion energy limited

why would the directors do a capital raising if they have...

  1. 3,503 Posts.
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    why would the directors do a capital raising if they have engaged GS to sell the coy...

    we have further been advised that this is underway..?

    Further "The Board is of the view that the underlying value of the Company’s assets is materially in excess of
    the current market capitalisation of the Company and has resolved to seek alternatives to enhance the
    value for shareholders"

    surely this specfically exclude a capital raising..?
 
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Currently unlisted public company.

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