Then why did the SP just drop 12% in the past hour? It's now 3 points away from being the same value as the entitlement offer?
My point before was, it looks bad if a company is asking for money when their stock is down.
It would be the same as someone claiming they have a good business, only for them to come back a week later asking for a hand out.
Ann: Entitlements Offer to Fund New Development and Growth, page-26
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