after capital raising

Revised earnings estimate after the announcement of 16/04/09 are $ 200 million. The total number of shares outstanding according to Google Finance is 883 million. With the institutional placement and underwritten rights issue, excluding the non-underwritten rights issue, the total number of new shares to be issued is 310 million shares ($ 559 million into $ 1.80 issue price). This gives total number of shares outstanding at 1,193 million.

EPS would be $ 200 m / 1,193 m = 16.76 cps. PE assuming a price of $ 1.80 is 10.74. Depending on where this opens on Monday, may consider dipping toes.