re:rumor is.....

rumor is:
"There was speculation in the market yesterday that Becton Property Group was preparing for a $500 million float of its retirement assets that are co-owned by Oman Investment Fund, possibly with help from Macquarie Capital. Becton shares surged in the last hour or so of trading to close 22 per cent higher, at 10c, but a spokeswoman was unable to confirm or deny whether it was preparing a float.

If the speculation proves correct, it will be interesting to see how the offering is structured and priced."

http://www.smh.com.au/business/brave-fortescues-6b-ambitions-20091112-icdu.html