Cap Raising ??

Hi Guys,

Looking at the latest QR, I see that ORN had A$3.7m in the kitty.

Unless I have missed something I would think a decent CR will be around the corner, especially with the uplift in the SP recently and the purchase of the very interesting OCC.

Is this consistent with other's view and if so, what are people's expectations here - right issue? just the insto's? deep or shallow discount?

This looks interesting despite the jurisdiction, but obviously not keen to load up and then get whacked with a heavily discounted CR.

Cheers
John