Rodman & Renshaw Buy $1, page-48

Blokes, "Likely"??? The Japs couldn't even come up with $250,000 after 60 days and have had to extend for another 60 days. I'm certainly not banking on it.
And Smarty, if the German upfront consisted of anything material, they would be yelling it from the roof tops, as they did on the Jap Non placement deal of $250,000.
And Matty you reckon management are going to give you a heads up before they need to raise, not likely.

I hope they get on with a raise which is equitable to all shareholders being a renounceable rights issue, a 1 for 3 would do the trick at around 25 cents