It does make sense given the hosting of ASX brokers, funds and...

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    It does make sense given the hosting of ASX brokers, funds and insto investors in India, plus the preso going to great lengths to make the case share price is undervalued (which should mean don't raise, but perversely is often done to make the case for a raise). But it would be very wierd to raise now from ASX given within 18 months they want to IPO in India where they will get much more capital on better terms from Indian investors (assuming they can convince Indian investors the peer multiple comparisons stack up) than tapping Aussie investors.
 
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