Why raise?
We're no longer desperate if the underlying business delivered +$17m to net assets for the HY.
Management have big positions, and would it benefit them to dilute themselves more when they're not forced to?
To re-accelerate growth? But at what cost? Diluting at a low price when the SP is set to turn around (if the financials keep up this trend).
Ann: 4Q24 Trading Update - Growth and strong loan performance, page-26
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