Management did call it then. The share price started the day before they announced the $100m CR at $3.55. A bit over a week before it was trading at $3.00. CR at $3.00. After the announcement it ran from $3.73 to $4.29.
I think it is hardly fair to say mangement are off their game with the share price going up so rapidly at the time.
The most recent CR is for something very specific and the share price is a bit softer. I think management should be commended for raising $100m at $3.00 when they did.
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