News: PHK Phoslock Water Solutions seeks trading halt, page-6

Yes I too was hoping that more cash and therefore some dilution was behind us given the developments of late but ever the optomist I see some of the plositives being:
1 Cash for factory expansion and working capital
2 Hopefully an expanded shareholder base giving more credibility
3 Further improvement to balance sheet
4 Confidence build with the current patent position.
Seems to me we need more institutional support which will help support a continued rise in the SP and more liquidity in the stock. I think the lack of liquidity is holding us back!!
This maybe a little short term pain for long term gain. Remember the MD will have that same dilution as us so he must think it's a good idea!!
Subject to the detail of the announcement this is a positive for the future of the company and the share price and hopefully us!!
Looking forward to Wed morning and good luck to all of us and particularly the long term holders. Here's hoping but with some confidence