capital raising, page-4

Ouch! 88 cents; kind of expensive. After the gap-up and sharp spike in the past 4 days IMHO I believe the share price was probably going to consolidate lower (at least in the short term). The company have certainly timed this capital raising for maximum advantage.

"The price is to be determined via a book-build in a range between A$0.85 and A$0.88 a share, representing a maximum 11% discount to the stock's closing price of A$0.955 Monday."

..and essentially the Lim family (Donaco's largest shareholder) is dumping 19.5 million shares at 85-88 cents, which doesn't exactly inspire confidence.

My guess is that you will be able to buy the shares on market for less then 85 cents shortly...could be wrong, we will see.