"Institutions are putting a cap on this..."
Why would they do that??!! I thought they should be pushing the price above 86c!!! And who is selllig at the current dirt-cheap price?!!
If the share price remains below 86c till 8 Dec 2010, then non of the retail investors would take up entitlments in the 86c rights issue as they will be able to buy cheaper on market!!!
P.S: Morningstar Australasia has upgraded their recommendation to Accumulate following the unit price weakness
share price, page-3
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