Might be a problem but what can they do about it if they genuinely need to raise funds? If they hold off until we get results from the Dande at the intermediate casing point and they’re good results (all going well) then we’re raising at a higher price but people will still be complaining that it smashes any upward share price momentum on the positive news. And in the worst case scenario and they’re not good results in the Dande then that’s going to be even worse for the share price.
I’d prefer to just get it out of the way now. Then we’re set for the rest of the year with no funding risk and better chance for upwards momentum of the share price with regular and hopefully positive newsflow.
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