You misunderstood my post Tony Barber. I wasn’t surprised that there was a discount as most equity raisings happen at a discount. I was surprised at the size of the discount which meant that the price of NABs equity raising was near the lows reached on 23 March.
So how much of a discount do you think Qantas’s equity raising will be?
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- NAB is on TH for CR. All banks expecting to do the same. QANTAS will CR soon?????
NAB is on TH for CR. All banks expecting to do the same. QANTAS will CR soon?????, page-9
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