Chart, page-19973

Lies I also was thinking along the same lines.
A higher share price is more beneficial for LDA for a cap call. 28% increase is significant perhaps they are gearing up for one soon.
it can also indicate the calm before the storm as we enter mid May with tax loss selling and the threat of a major downturn/ crash becoming closer, inverse yields are indicating this.
cash burn means BRN will be raising cash soon.
Yes and better to make a cap call sooner rather than later even at 45 cents.
I haven't taken a position yet as I do believe a downturn will completely take investors by surprise and when it does hit, you won't have a chance to get out before being trapped. Harry Dent is an economist I follow and he has been spot on with predicting past financial events and cycles.

https://markets.*.com/news/stocks/stock-market-outlook-black-swan-crash-rally-bubble-burst-earnings-2023-4and cycles.