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I think the situation is that a funding deal is being worked on for Barryroe, and if this does not work out, then Lansdowne will have to do a rights issue. They are putting that in place now, as there will not be time to do so, if the funding deal falls through. Needless to say the funding deal must be for Barryroe, and hopefully that funding deal has something to do with the one hundred million euro mentioned yesterday by the Sunday Business Post. We will find out soon enough, but everyone in both Providence and lansdowne will be hoping that the funding deal can be put in place, otherwise it will be a share issue for both companies.
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