The dilution from this new issue means former glory of >$1 is...

The dilution from this new issue means former glory of >$1 is going to take longer to achieve, but by the same token, the extra funding has greatly de-risked the company and provides a definitive make-or-break opportunity for the experienced and proven management team to fully restore and enhance their reputations. Some of the leverage is gone, but now there is a much higher chance of success.

Best of all, for once the retail shareholder has a level playing field for getting set at what I think will be the all time low for the share price.