WPL buy, page-816

Oui. The cat.

If it's a company with solid growth prospects and a good reason to raise capital you should be thrilled to throw cash at it but most cap raises are obviously done at a discount and the price will gravitate towards that initially and a lot of people will panic sell, if you can be the first one to sell you can easily rebuy your shares at a decent discount and then decide how much you want from the CR which most times you can instantly sell for a premium.

Notable exceptions I've seen this year were Tesla which done a CR and sent its sp soaring due to positive sentimate of being cashed up and companies like CANN and bubs who have reached their hands out one too many times and shareholders are sick of it.