all quiet on the western frontthe troops just waiting for all...

all quiet on the western front

the troops just waiting for all hell to be unleashed hey?

They're $300 m short on the loan book

it'll have to be equity raising I'd say

Not sure how much that'll dilute the original shareholders value though

359 m shares

$300 m to be raised could mean the original stakeholders will have to come up with .83 in a 1 for 1 issue or placement

this'll bring down the value of the shares to $1.16 (1.49 + .83/2) or 22%

hope I am wrong here.

anyone know what the interest bill will be for the $2.7 billion?