CEU 0.00% 54.5¢ connecteast group

NTA is approx $1.11 per unit.They look like reducing the...

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    NTA is approx $1.11 per unit.

    They look like reducing the pro-forma balance sheet gearing from 45%to 33-34%.

    Back to basics.

    Sydney - Wednesday - November 26: (RWE Aust Business News) -
    ConnectEast (ASX:CEU) has completed the $294.5 million institutional
    component of its $450m capital raising.
    The placement raised $105m at 55c per stapled unit and the
    institutional entitlement offer raised $189.5m at the same price.
 
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Currently unlisted public company.

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