rights offer - any takers ?, page-11

Bongo,

What's your logic.....new on ex AWB officials is hardly relevant and the institutional placement of $220m matched the $239m retail component and those shares were allocated weeks ago (trading 8th oct) so the retail component is unlikely to cause a plunge..most people have already sold shares to get in the retail component or are averaging down their cost base in any event...your argument for a move to $1 has very little merit based on your arguments.

Most of the broker sentiment is very positive post balance sheet refinancing too.