LOL, if you would have taken the time to delve into the reasons for the CR and the timing, you would not act so frustrated Mr 2 Posts. It is so easy to cry "shameless! Insto buddies!", while in real life management is fully invested in NVA (probably 100x more than you will ever be). They are the first to not want to dilute.
The markets were spooked during Evergrande, and Debt Ceiling drama, and loss of (temporary) market liquidity was a real thing. They could not forsee how big the RPM hit would be. Look at what happened today! Great results IMO yet the ASX market says "yeah right" as they don't understand IRGS. Without the Bonanza hit and without liquidity they would be in for a world of pain.
Easy to complain with hindsight, but delve deeper and you will see it was not that easy at all.
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