HaHa...some good slides in there, lots of references to Eskom. Small note at the end:
"Investment decisions made on valuation, not share price."
I am not sure if this alludes to the debt or equity component. Seems like a subtle hint that equity providers may not be too concerned about prevailing shares price (i.e. potential for raising at higher prices). This is unusual but has been done in the past.
Good luck - feels like we are getting a little traction here.
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HaHa...some good slides in there, lots of references to Eskom....
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