All JD needs to do is: 1) get the Chinese debt financing inked...

All JD needs to do is:

1) get the Chinese debt financing inked on paper

2) call Macquarie not Hartleys and enter into forward sale agreements / hedging arrangements

3) announce he is going after ECA and not equity

4) treat all existing shareholders equally. Look at TPM, they just do a rights issue with the institutional component accelerated. No one gets diluted. No one is favoured. You win trust big time. JD thinks favouring institutions over retail investors works, but even then the institutions start wondering who within their circle will be favoured. It's a death trap that will only cost the CEO his job. Solution is _
- just don't favour anyone.

When the ONLY way to participate in a discounted capital raising is by already being in the stock and being a shareholder, guess what??? The stock will rise! Because only holders will get to participate!

I can't repeat enough D- for JD.