Well, re. this particular raise, I’ve already written that my preference would have been for a 100% 708 done-deal, and seems we agree about the weak register.
Anyway, the general market conditions are poor so the outcome is not looking good, it’s a pity, we’ve all been expecting a ‘correction’ and here it is, but it’s just bad luck that the cards have fallen this way in this short window.
Let’s see if any convincing news arrives before settlement day.
B22.
Ann: Dispatch of Offer Document - Non-Renounceable Rights Issue, page-12
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