Helios has raised c£5.97m gross via a Placing and Open Offer, providing the group with additional funds to make further capacity acquisitions. Our forecasts already assume it will increase capacity by £5m pa: this equity raise will allow Helios to accelerate the deal flow. The timing of acquisitions is unknown but we expect the capital to be fully deployed by end-2017. We expect more improvement in the 2014/15 YOA returns and consider our 2016 YOA estimate to be cautious, so we se
