So guys I think we all agree it should have been done. That is not under debate. It is when it was done & with whom it was done. If it turns out the shares were issued to a reputable fund, then I personally would be happy. Or if was Andy & Miles I'd be fine. And being a long term holder does not remove the damage. Ultimately whatever the price would have been in 2 years, it will be 20% less now. And yes they needed the cash to fill a gap until funds start flowing. But it gets back to timing & the company they keep. The first tranche is all done so we ust have to wait. But remember the second tranche required SH approval does it not? So that may come with some enlightenment.
KSS Price at posting:
72.0¢ Sentiment: Hold Disclosure: Held
