Brokers at RBS Morgans and Moelis were trying to raise $50 million for data centre operator NextDC on Friday morning.
Shares in NextDC, the listed company of well-regarded information technology veteran Bevan Slattery, was placed in a trading halt on Friday as the brokers got to work.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com