My question is to why could BCC not wait for the 4C at the end of Jan which will report additional profit figures and do the CR then at a much lesser discount. .44 is a 20% discount from todays levels, also the cash in the bank + the draw facilities of $6M that have not been utilized.
This is somewhat puzzling, why run a profitable company with big amounts of cash in the bank and still run CRs at significant discount?
