re: Ann: Asciano completes Retail Entitlement...
Guessing the security purchase plan was a tentative option seek some additional funding so as to write down some more soon to renew finance loans.
Suspect this was tentative requiring support from the share offers, with the support given such must look a lot more attractive now.
Suspect these loans convertible into shares at some date(s) with as loans a guaranteed rate of return, perhaps similar to guaranteed return rate financiers required, only paid to shareholders who accept such an offer.
Public support demonstrated in the SPP will make this attractive.
Shareholders demonstrated support higher than expected when commenced - particularly given the negative comments aired, such convertable loans may reward loyal shareholders and obtain money otherwise required from financiers.
AIO Price at posting:
$1.42 Sentiment: LT Buy Disclosure: Held
