From the article mentioned above:
http://au.news.yahoo.com/thewest/business/a/-/wa/12934384/ex-gutnick-lieutenant-has-plans-for-apex/
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"Azure Capital and Morgan Stanley Smith Barney are trying to raise about $20 million at 0.4¢ per share, which would expand Apex's equity base by 48 per cent."
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mm3, you're the new whisperer in town. chinesewhispers- sorry, dude- you're dropped. :)