Gazal are rumoured to be in talks to increase steak/take ownership of struggling Oroton This deal would see Oroton sit nicely in the Gazal/PVH stable of brands such as CK,Tommy Hilfiger,Van Husein amongst others..
Unless a capital raising gets over the line however this will be a difficult job to get more money out of current shareholder base who have already seen their holdings hit rock bottom..
Watch this space news coming soon
DYOR
ORL Price at posting:
70.0¢ Sentiment: Hold Disclosure: Not Held