rights issue - 3 options, page-13

Ozblue I dont know if you were around for the first CDU backflip when they said they wouldn't be raising cash post JORC at $2.20 then sold 10m at $2 to M & G a short time later incurring a please explain letter from ASX - Now we have another backflip in the space of 7 weeks.

They clearly said they were going to go down the debt funding path as more dilution at sale prices wasnt in shareholders best interest. Yes I find it odd ? why not just debt fund $200m at 7% instead ? do you think the Minsheng loan may have some onerous default conditions ?

hOOt