They better have a VERY good reason for the raising, otherwise I will be flicking more.
I remember NST raising a heap (around $95M) despite having a HEAP of cash already. It was inexplicable to me and they gave pathetic reasons, and it was a catalyst for me to sell the few I had left. NST went on to have what was a very ordinary year imo...a whole year of profitable production yet their cash balance almost halved (Crazy!)
Cdchi1
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