I don't know how they could raise capital with the SP at this level. A 1 for 1 raising at 50c will raise about $650M. Would this be taken up?
IMO the SP would have to be sitting in the 70's and then a 1 for 1 at about 65c otherwise it is too dilutionary and we may as well wait with no divis for 2 years
is someone in the know, page-12
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