TEST­ING THE WA­TERS

Finweek English Edition - - INVESTMENT -

Curro pulled a master stroke with its lat­est rights is­sue. Mar­kets mostly don’t like rights is­sues so Curro tested the mar­ket re­sponse to yet an­other rights is­sue (the third in its short life as a listed com­pany) by is­su­ing a SENS on 12 Fe­bru­ary in which it said the idea of an­other rights is­sue was be­ing con­sid­ered. It was very clever, f loat the idea and see how the mar­ket re­acts,

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