SUN 0.93% $16.97 suncorp group limited

suncorp metway to raise up to a$1.3b, page-14

  1. 7,101 Posts.
    lightbulb Created with Sketch. 1210
    you have to already be a shareholder to get the 1 for 5 rights issue.

    i know its probably crazy thinking, but getting the placement out of the way might actually be a positive, as general negative sentiment has plagued those banks which have not raised yet.

    CBA, WBC, NAB have been ok of late.

    Certainly takes away the uncertainty out of the market.
 
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