raising money.equity, debt, preferredThe stock market is in the process of discounting the raising of money during the next 25 months. It will not be done exclusively through the selling of preferreds and debt. Equity issue or issues are part of the plan. Planned equity issue has a tendency to depress the price of the current stock outstanding in the short term as it has to be absorbed by willing buyers. All of that is based on the assumption that the equity issue will sell out at the asking price. Patience on part of the current holders of equity will be required. Fairfax India is not a short term play.
Maldoror