"Scrubby, impecunious men drift to and fro there, waiting for the gods to provide something easy; and the prudent man, conscious of the possession of loose change, whizzes through the danger zone at his best speed" - Uneasy Money by P.G.Wodehouse
Monday, June 27, 2011
Redcape recapitalisation progress
The Goldman Sachs led assault on Redcape (ex-Hedley pub fund) is progressing with due diligence complete and a recapitalisation proposal imminent with the exclusivity agreement extended for two weeks.
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