I think the capital raisings give the BKI guys something to talk about at their board meetings. They can't possibly be discussing things like actually selling any shares. Nothing happening here.
I'm into these at about half the current price via the takeover of Huntley's LIC in 2008, so am up for hefty CGT. The steady dividend and low MER of 0.16% (yea, zero point 16% - it's not a typo) come in handy while I wait for my income to drop into a lower tax bracket. When that happens, they're gone.
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I think the capital raisings give the BKI guys something to talk...
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