everybody's logic is a little bit faulty,
the journalist is using the most recent news of the Beppa meeting to make his report. 80% may well be inaccurate in this case and it is too close to 75% for a quick result call to be made at the meeting.
BAM are having a holder meeting in a few hours to get their approval to implement a fund raising for this so we will know soon enough if it has passed or not.
RBS are leaving their options open to be selective about which assets remain if they have another go at trying to keep BBIG PIG afloat under a reduced equity injection. Their offers are not as attractive to institutions to throw money at.
ifandwhen
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everybody's logic is a little bit faulty,the journalist is using...
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