All those who keep saying cr at 5c is a good thing is kidding yourself. I get pirate’s views can get on some nerves but he has a fair point. All those who talk about how good the cr is, you’ve yet to explain why 5c as oppose to a 6-7c raise. No raise is a guarantee. The larger the dilution the harder the raise. I’m still a believer and am balls deep in this. It’s either home run or go bust. I’d be happier to join in the raise at 7c then 5c because 20% is more the norm. A 40-50% discount doesn’t really build faith. Sure deg will rebound but you are lying to yourself if you think a raise at 5c was a good thing. 5c climb compare to a 7c to whatever the top sp is a much longer trek. Open to ideas and hope someone here has an idea to justify the raise at 5c. I for one probably won’t join in the raise and will probably ride it out. All imho.
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