Shareholders would only have a complaint if the company wasn’t fully funded via a debt facility. Just because the company changes its mind and chooses to not go with a debt facility and instead go with equity is not being misleading.
Since we don’t know what the terms offered were on the debt it is hard for us to say which options is better for shareholders. What we can say is raising capital now is vastly better for us shareholders than trying to raise capital last year.
I am personally hoping for a dummy spit next week so I can buy more below 50c.
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