What a liar!"Mr Rowsthorn has a 10.92 per cent stake in Asciano...

What a liar!

"Mr Rowsthorn has a 10.92 per cent stake in Asciano and will need to spend about $200 million buying shares through the capital raising to maintain it at that level.

But he says retail shareholders will have the opportunity to avoid having their shareholdings diluted as a result of the raising.

"The retail shareholders are being treated. They've got one for one ordinary entitlement; if there's unsatisfied demand from the retail sector we'll put in place a share purchase plan," he said."

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