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Think rights issue very unlikely. Think it is just a rumor to drop share price. If a rights issue were to occur it would be an admission that Barryroe Farm out with this Interested party had failed. Don't think Providence would have issued RNS announcing commercial agreement to suddenly thereafter announce rights issue. Also an RNS would have to be issued prior to any rights issue stating Barryroe deal off. So think Rights issue not going to happen. We can expect some money from Transocean case. If Barryroe Farm out Falls through it will be put on hold. No major shareholder is going to want a rights issue here.
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