AIO
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0.00% $9.13 asciano limited

conditional $ 1000 million placement , page-2

  1. gimmiboy
    79 Posts.
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    15/06/09
    19:23
    Post #: 5282158

    I guess it is just market forces.

    The persons in the know reckon that there is insufficient support for the rights issue from existing shareholders.

    So they are forced to seek new investors and attract them with a big discount.
    AIO Price at posting: $1.46 Sentiment: LT Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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