I understand your point clearly Dilmac. It was concise English.
But your premise isn't logical.
If your arguemnt was correct, the whole cap-raising exercise would be a sham.
Everybody would know that if 1.2B worth of shares were dumped on the market the SP would tank.
Certainly not in the interests of the institutional shareholders. Their interest is to take advantage of the effect of the reduction in debt and renewed stability to increase the share price in coming years.
I'm sure they will have some no dumping conditions attached in any case.
Any confirmation from someone in the know?
John S.
AIO Price at posting:
$1.46 Sentiment: LT Buy Disclosure: Held