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Online Share Trading

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SOL

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kwagga
Super Contributor
Definately a right issue coming up, but one for the very, very long term.
0 Kudos
Russ
Super Contributor
Looks like it wants to get down to its long-term support at about 34800.
0 Kudos
SimonPB
Valued Contributor
why a rights issue ?? they could surely just borrow
0 Kudos
THRESHOLD
Super Contributor
Current debt covenants will specify maximum leverage levels permissable. As they increase their debt levels - the price of additional debt will become progressively more onerous. Anyway, the scale of these investments is so vast that they will tap all possible sources of funding.
0 Kudos
THRESHOLD
Super Contributor
Also minimum permissible profit ratios as ROE will be specified.
0 Kudos
kwagga
Super Contributor
$11 bil is a vast sum of money. Can't see how they can just borrow and/or cash fund this without and additional rights issue without putting them in line for a rating downgrade.
0 Kudos
WES
Super Contributor
Everybody loooooooveeees this share, but in the last five years it grew with 14 %, surely there are better shares out there, what is the big deal ?
0 Kudos
suki
Super Contributor
This Morning on CNBC was rated a BUY
0 Kudos