Ann: Half Yearly Report and Accounts , page-7

I don`t see a capital raising as a risk, in fact I would welcome it. There is an appetite for stock if turnover today is a guide. It would also be fairly easy to underwrite without crucifying the price given that Octa Phillips have a target of $2.90 on SHV. I`m a little old fashioned when it comes to too much debt after seeing what has happened as a result in the last few years. It also holds the sp back and
I would rather the shareholders get the money than the banks.

SHV should also look at buying the unmarketable parcels that stood at 457 shareholders with 72888 shares in the Annual Report.