AGM Recap, page-43

Even with cash positive revenue, companies will still need to perform CRs. A CR in itself is not necessarily a bad thing depending on what the funds are used for.

In the case where TV2 is cash positive, they will still require CRs for growth and additional projects. Let's say you are earning $100k profit a month, but there is a project where you need $1m worth of funds to complete, you don't wait for 10 months worth of profits to engage that project ... you would still be doing a CR for $1m and then starting it asap.

CRs are really only detrimental if they're a desperate last stand type of CR struggling to keep the company afloat, and bad for short term daytraders / punters who want to see an intraday rise and sell. We as long terms holding for the fundamentals in a company should be hoping for solid CRs down the track with as little dilution as possible, but as much capital injection as possible. With capital a company can grow bigger and better, and earn more profits down the track.