Thanks bigjoe, but I'm not sure the article got it quite right about the bookbuild as the indicictave timetable has it listed today as:
Column 1 Column 2 0 Institutional Entitlement Offer shortfall bookbuild Tuesday, 25 November 2014
They make a good point about the shorters having to find extra shares to return to the lenders to make up for them missing out on the RI. That would be about another 50m shares that they have to cough up.
Ann: Trading Halt, page-55
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