I agree it’s about balancing dilution and progress
Some do it better than others
The closer the directors connection to the brokers the higher the discount, the higher the dilution
As a shareholder, I favor a quicker transaction that is raise without spp provided the price is not mates rates. Glad they’ve stopped issuing options in this cr
There’s always this reasonable expectation we could raise higher when a major milestone is achieved such as the MRE
the months ahead is more important now than the past.
But my gut feel tells me the BOD will be in the mood to accept more spp today than last week
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