Depends if the cap raising gets approved on Wednesday. Anyone know how this works? Do all shareholders vote including those that signed up for more shares? I feel if Farjoy and Morgan’s hartleys clients decide to save themselves instead of the company than they would all be voting no.
If they can get the cap raising approved then I would have thought they could try and sell half of the project to raise another $30m or so.
BAT Price at posting:
2.8¢ Sentiment: Hold Disclosure: Held