This is an earnings driven play for me so the Annc was a very positive sign of increasing sales and market share
My general rule on capital raising is its a good thing if used to grow the company , a bad thing if just to pay off debt . if they need to do one at a stage further down the track I believe it will be for growth from what I can deduce
The majority of all companies require capital raisings ,don't necessarily take them as a bad sign like most people tend to do. You need to determine if your diluted shareholding will be part of a greater market cap if growth is materialised
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