"My understanding is that the 33% was done. I would be surprised if the 200m could be done so quickly"
Sounds about right MF......33% was already done along with the 18% acquired in Dec 2012.And that was on top of $250,000 paid to acquire 11% of Cynata back in September 2012.
So this transaction is for the remaining 38%.
But they just need to go through some, what looks like, routine ASX and legal paperwork first, and of course, shareholder approval.
ECQ Price at posting:
2.8¢ Sentiment: Hold Disclosure: Held