IMO best time to raise money is when they still have cash and share price is up rather than allowing shares to drift low in anticipation of imminent capital raising. I didn't expect it as its not what usually happens but it is what needs to happen in companies that don't generate income.
This is only in my opinion, not offered or to be taken as financial advice. Not recommendation. Do your own research.
BDC Price at posting:
11.0¢ Sentiment: None Disclosure: Held
