This was posted on the nab online trading site by "the ferret"
One serious Melbourne broking analyst has come up with the idea of watching all the companies making capital recoveries. News of a public capital raising generally hurts the price but once its over up goes the share price, in theory anyway. A current list includes FKP, Virgin Blue, Boart Longyear (they are topping up too), CUE, Bauxite Resources, Asciano, Centro and Cazaly. At this stage most of list are in negative.
CNP Price at posting:
39.5¢ Sentiment: Buy Disclosure: Held