they now need to raise very much more than Mcap, because old current Mcap just went out the window!
funny that came out in the week of extended takeover disscussions
seems very coincidental that AFR have suddenly decided they need to tell shareholders they need to raise an amount of cash in excess of Mcap
this takeover seems to be well engineered from both sides
Seplats takeover bid just got a whole lot cheaper
AFR need lots of cash to fund existing projects.... Seplat have just secured lots of cash funding