Was thinking of buying into rights issue, but luckily was one of the first in 13.5 queue, caught a few.
On more careful read of their report and with the general overall markets likely to persist negatively for next few months, can see a second cap raise later this year at a much lower sp, and reckon its already been modelled and priced in by the majors. Sold out at moderate % loss from higher teens, and watching that 14 'support'.
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- so what now?
so what now?, page-17
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