So it is Korda Mentha on behalf of Investec that has put Carnilya Hill up for sale not Ferrier Hodgson (acting for IMC). We will hear more on this shortly no doubt. IMC (part of a huge International group) would have no trouble raising $10m as long as Carnilya Hill is still held as an asset.
Carnilya Hill MUST be held onto now!!!!!
VRE Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held