BLV 0.00% 1.6¢ blossomvale holdings ltd

trading halt, page-3

  1. 3,628 Posts.
    I don't think it's a capital raising. This acquisition is not settling for another 3-4 months yet, so why go to the market now? In 3-4 months time they will probably be able to do it at a higher level than the current price is, and they don't need the cash urgently.

 
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