Growthpoint might now need to hustle a bit more cash than it originally expected if it wants to stay in the takeover battle for GPT's Metro Office Fund (GMF), thanks to last week's Brexit vote.

Rival property outfit Centuria, run by Nicholas Collishaw, was a neck in front at the start of last week after it had won the support of GMF's independent board committee when it lifted its rival cash and scrip offer for the GPT fund.

But Centuria was a length ahead after the Brexit vote, after Growthpoint's shares fell further making a bigger dent in its cash and scrip offer. Growthpoint shares have fallen from $2.28 to $2.23 since the Brexit vote, while Centuria has treaded water at $2.18.

Growthpoint has hinted it could make a counter-offer by Thursday. One wonders if it could increase its largely scrip offer as soon as today.

Aside from its shares being deflated by the Brexit vote on Friday, Growthpoint goes ex-dividend tomorrow.

Queen's gong

Let's hope the biotech NuSep is quicker conducting medical trials than issuing an ASX announcements.

The "sperm processing" company yesterday trumpeted how one of the researchers behind its product, University of Melbourne Emeritus Professor David Solomon, had been named on the Queen's Birthday Honours list on June 10. Yes, more than two weeks ago.

The cash-poor company appeared particularly envious of one development of Professor Solomon's work in polymer chemistry. It went on at length at how the Professor is renowned for helping develop the world's first polymer banknote.

"Plastic banknotes are now in use in over 30 countries around the world. These notes last up to 10 times longer than the former paper notes," went on the company.

Busy times

Your diarist couldn't help noting the number of boards that Westpac's former New Zealand head, Peter Clare, sits on now that he's taken up a slot at Rubik Financial.

In all, there are five public companies: ChimpChange and Reffind, both of which he chairs, then Scottish Pacific and Digicash along with Rubik. Then there are the privately owned outfits such as Capital Market Technologies and Black Pearl Mail.

That may be a far cry from the large number of boards the late Fred Millar sat on in his heyday but, given that most of the boards Clare is on are in the newly fashionable "fintech'' space, just how much time is he sitting at the board table, rather than being excused due to "conflicts of interest"?

Try for charity

Former Wallabies greats George Gregan, Phil Kerns and Nathan Sharpe were on hand last Friday to help their mate Mitchell Waugh raise about $125,000 for the  Sydney Children's Hospital Foundation.

Waugh's acquisitive pub outfit, Public House Management Group, was behind the event, which was at held at its Woollahra Hotel and included auction prizes donated by Guillaume Brahimi, the Australian Golf Club, and PHMG itself, valued between $2500 and $20,000.

According to The Shout magazine, known as the pub industry bible, a progressive dinner for 20 people at each of PHMG's eastern suburb hotels, with transport included, raised $20,000. Another stand-out was a dinner cooked for 10 people by Guillaume Brahimi, in the winner's home.

It was also suggested that given the shellacking handed to the Wallabies by the English in the recent tri series, the three former players could be asked back to boost the ailing locals.

Long days

NSW Premier and minister of building openings, Mike Baird, gave an insight into his past life last week when he turned up for the ribbon-cutting ceremony for the swanky new 200 George Street digs.

He told the crowd, including the building co-owners, Mirvac's Susan Lloyd-Hurwitz,  AMP Capital's Carmel Hourigan and anchor tenant, EY's Lynn Kraus, that he had an affinity with the Circular Quay end of town, because he had worked as a young buck at Deutsche Bank's office in Grosvenor Place.

"I was so excited that I bragged to my mates that we had a fully stocked kitchen, but after a few weeks, I realised it meant we all had to work way into the evening".  CBD is sure his dining options these days are a bit more salubrious.