I know Matthew Kidman thinks retail investors are dumb, but It would be much smarter for them to sell down bank shares or BHP at current prices to take up the rights issue rather than sell VEI. He is talking his own book here!!!!!!. He want to own more and is trying to say why the share price will be lower. As they say never ask a Barber if you need a haircut!
Ann: VEI Announces Capital Raising , page-30
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