If you want to do a placement at some stage now is the time (even if you "only" need the money in another few monhts), for the simple reason that in another few months time market conditions could make any Cap raising impossible.
Personally I hope it is not a Cap raising, because the SP will drop like a stone for sure, as I doubt they will be able to get more then 22-23ct out of it!
Anyway long suspensions are hardly ever good for a stock, because good news is always released as soon as possible.
Cheers.
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WMT
western metals limited
If you want to do a placement at some stage now is the time...
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