You can see why analysts are saying that a capital raising is inevitable just by looking at their recent cash flow statements

Dow is even more capital intensive than i thought .... like 2008 operating cash flow was $276m but $$260m of that went on new plant etc .... in 2009 the numbers were $356m and $270m repectively and the last six months $165m and $117m. All that before the dollars spebt on acquiring businesses

Shouldn't really be paying divies like they have .... heaps needed to reinvest in the business to keep it going .... and growing