capital raising at 8.5c?, page-5

Take a look a PIR who raised over 50m at only a 4% discount today.

Those assuming CR and CR at sizable discounts may be in for a shock imo. Especially after the WRZ bonanza become known.

I'd also add because of their skill set institutional investors at HK possess far greater geo knowledge than that is on display on this forum (this is not a derogatory comment just pointing out that most on here are developing their understanding of results - big institutions have the benefit of employing experts).