I have this company on my watch list. I know that none of us...

I have this company on my watch list. I know that none of us like cash raises as a rule, but when we are probably entering into the mother of all global recessions, a wise company will have its' coffers stuffed with cash... if at all possible. Down the track a bit it may be nigh on impossible to raise funds, or the terms will be far more painful than they are today. I would have to call this prudent management, depending on what terms they come up with.