Agree, with sentiments on capital raising; but in the short term, if a capital raising does occur, the sp will be under pressure.
Remember, what initial capital raising has not put sp under pressure?
WES - initial raising at $29
CBA - initial raising at $39 (I think for Bank West)
BSL - initial raising at $3.10
etc, etc etc.
HT1
anz prepares to bid for rbs asian assets, page-11
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