re: Ann: Aim Listing, Demerger and Capital Ra... Seems obvious that the 'hostile' takeover offer will become more hostile with each passing day.
As for the AZX potenetial to raise capital at a premium on the AIM, they would need to have some good drill results in the pipeline, or be able to realise value in the spin-off assets, to warrant any premium to the current sp.
Interesting times ahead.