trading halt, page-29

Hmmmm $7.5m cost to put Murch on C&M and another $120k per month to keep it there doesn't even come close to the $39.4m they are raising, even with the stamp duty bill they owe still leaves them raising around $13m more that they should need.
They will probably turn around and pay a dividend in 6 months time LOL.
At least the next financial year should be a boomer, pitty we will be diluted out of our fair share :(

Ps: shorts cranked up over the last few weeks, will be interesting to see the reaction after the raise, probably just instos that knew they were about to be offered shares shorting so they can get there allocation and WHAM instant profit.