We better hope it's a cap raise at a premium. This makes the bod look stupid after the MD address we had cash to burn for a while. The market won't react well and more dilution is never good, no matter what way you look at it. I'm even more pissed off because even with Macro conditions, we should be trading at least .35c - prob insto has been waiting for the right time to get in after all the bot action over the last few months.
Call an ace an ace and let's stop finding excuses for IHL, sometimes we need to realise that people make made choices even the BOD. hope I'm proven wrong.
