probabilities, page-51

My basic research shows a shortfall of 99,330, 570 from the most recent rights issue. I wouldn't exactly call that a spectacular success!!!!!

Further with 500 million or so shares on offer there's probably not going to be any material change in SP from one contrarian view on HC (call it downramping if you want).

Stevenjd I sold out my heads and finally oppies on the back of all of the concerns you have mentioned.

I hope it works out well for holders but I'd rather throw my money on the favourite R6 @ Randwick.

JT