Agreed, with net debt of 600 and bank facility of 300, cant see any need for cap raising....it is possible but highly unlikely.
Results were expected.....over reacted but market has made decision today and there maybe some more support tomorrow.
I took the view as above and took big parcel at 72.
We shall see......it is good that so called "bad news" are out.
Cheers,
no cap raising necessary, page-3
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