georgie,
what makes you think they will need to do a capital raising? Aren't they still paying back debt and until recently participated in a buyback. The hedges they have in place run till the end of the year and I think there is a good chance that poo will have risen somewhat by then.. surely poo can't stay at these levels too long, we are sure to have a shortage at some time and it is becoming more expensive to get out of the ground. Stockbroker reports are fairly positive.
ozgem and skitzo, what are your views on a capital raising?
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