Retail entitlement, page-5

3 of 4 broker summaries I've seen have targets a sniff above $2. The other is $2.30, which is so out of kilter with the other 3 it seems fanciful. The 3 have various misgivings about the deal - a bit dear, debt level, free cashflow disappearing.

One plus is 6 cents comes back off the price when the dividend is paid Feb-Mar next year. No idea what I'll do, the yield is better than bank interest (not hard to be, I know) but it's money I hadn't planned to spend. Pity they couldn't have done a renounceable issue, I'd have pocketed the few dollars and been happy.