A limited cap raise of 10 mil does sound positive to me given...

A limited cap raise of 10 mil does sound positive to me given that it is only limited dilution and it also shows that management are reasonably confident fbr is undervalued and strategic partnerships will fund capex requirements. 15% discount on yesterdays close is also within the expected range especially since the price will likely fall at least 15% after cap raise.

I think you might also find that demand has been constrained somewhat because of those investors on the sidelines holdd df ing off on buying in because they were waiting for the inevitable cap raise. Now that it has happened, and is limited to only 10 mil, you might have some natural demand coming back in. That said, still not happy that instos once again get exclusive access to discounted fbr shares while the loyal shareholders get diluted.

not investment advice. Do your own research, etc etc…