I think you make a fair point on planning etc.
What I would say, however, is that we are currently sailing in uncharted territory and we are dealing with a moving target (COVID) that is constantly changing on an hourly basis, so perhaps there was no other option.
If a broker roadshow was conducted as an opportunity to provide investors with a nice discounted entry point, then it stands to reason that they have had enough time to explore other options (including us), however, I have more faith in the board.
To be honest, the last CR was vital to our company surviving and look where we are now.
If the same board has deemed that another CR is necessary for our growth, rather than survival this time, then I have confidence that they are making the right decision, for the benefit of us.
After all, those who participated in the last CR would not be complaining with what the company has achieved over the last 12 months... or at least I’m not.
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0.031 | 1000000 | 1 |
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