is capital raising a bad thing?, page-14

I think CFC (I mean China) knows there is competition (either now or later - post cap raising) and now face a dilemma of sort.

Whether to immediately resume (before the cap raising is official) the $1.7 bid as per the Corporations Act ?

Whether to lodge a new low ball bid that may be rejected (almost assuring that China will have DML slipping through her grasp forever) ?

Whether to forgo the Cap Raising and see Chinese Developemnt Bank money going down the drain ?

Whether to take up the Cap Raising but still ending up with undesirable buddies on the DML register ?