SGP 1.75% $5.06 stockland

Ann: Stockland's $1.53 billion Equity Raising, page-3

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  1. 171 Posts.
    re: Ann: Stockland's $1.53 billion Equity... Hopefully it will be well received, given it seemed to be public knowledge that it was coming.....

    Not sure why that need a cap raising, given the LVR's etc, but I am sure there is a good reason. It may be precautionary, but could also be so they can agressively consolidate while others are being cautious. Stockland seems to be pretty well managed, so I'll be buying my entitlement.
 
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