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    Opinion

    Neptune launches $80 million raising

    Perth broking houses Euroz Securities and Patersons Securities are joint lead managers for the deal.

    Nabila Ahmed and Sarah Thompson
    Updated

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    Embattled oil and gas services company Neptune Marine Services is launching a deeply-discounted, $80 million capital raising in what is believed to be something of a clearing the decks exercise.

    The company entered a trading halt on Wednesday morning, informing the market it would make an announcement on Monday next week.

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