Ann: Update on Institutional Placement and Entitlement Offer, page-68

"A company will always ask for more raise than they need - do you live under a rock and know about companies and risk mitigation at all. That would be a no."

Raising more than is needed means being diluted more than is needed.
Weak boards love starry-eyed and unquestioning shareholders like you.


"MSB certainly did not advertise or indicate a CR a likely first preference and only an option"

MSB management on every other occasions in the past also indicated a CR was just one option for raising funds; yet on each occasion it ended up being the option that was chosen.

Unlike you, short-sellers have learnt this well-established pattern.

Which is why they have made a poultice, while you are left holding the bag.

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