I think that this cap raising (if tender is good news) will certainly be offered to holders on a pro rata basis first - I think mgmt have received the message loud and clear how much everyone is under water. whether s/holders are willing to put futher funds on the line or not is another matter. guess it depends on the tender and what comes with it...100 in Dubai/Singapore/NZ is different from 1,000 in China!
para....I don't know why IXP is not being spec'd more either...it's not only probably the best solution but quite possibly the cheapest!
TZL Price at posting:
12.5¢ Sentiment: None Disclosure: Held
