https://www.nzx.com/announcements/398048
FPH doing what it said ...why commit so much money if they dont see growth ahead ? Maybe Forbar analysts should answer that with inputs from W69 and Mr B ... lol
" The purchase of the Karaka land is subject to approval by New Zealand’s Overseas Investment Office and will be funded through a combination of operating cash flow and debt facilities. The site is currently mixed zoning (future urban and rural). "
So no new equity raising via SPP !!!!