AHS all of the major co's that have been forced to do large cap...

AHS

all of the major co's that have been forced to do large cap raisings - have been done at 20-25% discount to 'theoretical ex rights price" (STO/ORG/iron ore/contractors)..

basically as in above post.

I mentioned previously that the market doesn't know "how much" of asset sales must be direted towards repayment scheduale. the last announc. by the company suggests that the amt done to date is not sufficient ....

rgds
V_H