Stweeve - a bit ridiculous that they need to perform a capital raising when they are going to pay an 8c dividend in a few weeks.
Obviously the capital raising is to help allow the insto's to get a decent chunk of shares in ALU without pushing the price up too much. With insto. support after the capital raising, ALU share price will continue onwards and upwards.
I would hope and expect CR to be around $2.90-$3.
