I don’t get it, what’s with the greed and impatience? Too many short term speculators here. Getting proper funds via institutions despite dilution is a much better option then total failure. They know CR via retail investors won’t go well.
I’d rather have a successful and early completion with diluted shares than, a slow struggle with high liquidation risk.
Plus there are no institutional investors at the moment. It’s good have a decent percentage of institutional investors. It gives SAS a higher market confidence and also gives a different type of performance pressure to the board than an joe retail investors ever could.
Stop dreaming about a 50c SP in 2020, but a possible 50c SP in 2023. If it’s too long to wait sell now and go elsewhere. Lots of undervalued stocks out there in the current bear sentiment market.
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