Oorain, at 2.8 forecast eps for 2008 there should be no reason why we need to issue shares.The problem is that we are at the mercy of the lenders and who knows what they are insisting on.
That is the guts of the problem/blunder. We will have no problem (providing forecasts come within a bulls roar) of paying interst etc.
If there has to be an equity issue there will be plenty of red faces at the board room table!!