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some on here show little understanding to raised capital and...

  1. 3,200 Posts.
    lightbulb Created with Sketch. 444
    some on here show little understanding to raised capital and appear IMO to be very short sited.....all this talk of a buy back from the recent cap raise is totally floored.
    What and how do you think the insto money that went into the recent cap raise would react if that money was not allocated in the same way the cap raise documents indicated.......worse still the company used those funds to buy back shares at a cheaper price than the cap raise was for.........this would send a very negative signal and any future cap raise requirements would not be looked upon favorably.
 
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