I agree dilution is inevitable, but not at 2$ when we are cashed up for over 12 months. let the SP rise naturally over time then do the CR. why do it at a low price when the cash isnt needed yet and dilute further than actually needed?
the fear isnt dilution, the fear is unnecessary dilution at a low SP when the cash isnt needed yet.
Ann: AGM Letter to GLN Shareholders, page-70
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