Light on detail particularly as it is all good news. Better...

  1. 1,138 Posts.
    Light on detail particularly as it is all good news. Better performance and less dilution with the support of lenders. I had the adjusted value of the coy at 6.1c with the original raising terms. Obviously can't work out a new figure but those that participate should be up on what they send. Still a bitter pill to swallow for LTers but good for those on the sidelines looking for a new entry.

    I would liken it to NMS but I think there is more potential for a turnaround here. Better business, more asset backing and better exposure to upturn in mining but also reconstruction occurring in Qld for example.
 
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