That's a bit backward. Management hold significant positions in the company. One would think that they make decisions in the best interests of WR1 to protect/enhance their holdings.
I think you're taking a very simplistic veiw of the thought process behind their reasons for the cap raise.
Ann: Winsome on Pathway to Production with $25m Raising, page-129
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Last
54.0¢ |
Change
0.030(5.88%) |
Mkt cap ! $116.8M | |||
| Open | High | Low | Value | Volume |
| 53.5¢ | 57.0¢ | 51.5¢ | $928.2K | 1.732M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4705 | 54.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.5¢ | 57133 | 2 |
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