so after reviewing this raise, it appears that there is going to be a 20% dilution to stay afloat for 6 months, if my guestimation is correct and it usually is, the lithium sector should start recovering around then, so it may not be all bad news, unless the sector stays in a low for longer, and everyone gets cheap shares, I wonder how long it will take for the instos to start selling off there new shares as well, was any thought put into this raise or was it just rushed because of the leak to the newspaper, I guess time will tell
Ann: Pilbara Minerals Equity Capital Raising, page-58
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