Surprised they got that one underwritten for once!
Was trying to give you an idea of the "old dog doesn't learn new tricks" methodology that CNN management is applying.
Unless they start backing up with real good sales figures - ....................
How can extruders cost that much - anyone in the industry here who can tell us?
Nice play for CNN an dilution - will take most of the CNNOA options out of play (expiry june '12) and replace them with the new lot (expiry june '15)
Unless you are wiling to take a big punt on the piggy-back options ...............
Doubt SP will be anywhere near 1.5 by June ?
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