Ann: Underwritten Rights Issue , page-9

Yep, 2c sounds like a big discount, but who of we SH are going to take up the rights offer at 2c unless the Govt gets the Carbon Tax through?

If there's no action on moving to renewables, I hate to think where the SP might end up...

I sold off most of my shares at 4.9, made a nice loss..

I'll hold onto the remainder for now...