the operative word being NEED,..
they did not NEED to cap raise to continue operations or to prop up a downward pressure on the business due to adverse effects from covid.
they are CHOOSING to cap raise to increase the size and speed up land grab of that business.
as an example the cap raise of qantas vs apt
qantas NEEDED to
apt CHOOSE to
life is sweet![]()
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AFTERPAY RAISING $1 BILLION, page-149
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