Harro
And sadly, if there is a need to raise, raising at a discount to a SP in the low teens (currently 12 c) becomes very material in terms of shareholder dilution. The half year results are unlikely to support any strong SP recovery which takes us to End Feb. So all down to announcements on o/s growth and o/s profitability.
Have a great Xmas.
Rokewa
Best risk vs reward play on the ASX?, page-14
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