Hi bender,
I think you are right a capital raising is not on the cards at this stage.
What we are seeing here is a large holder selling and combined with smaller holders doing their tax selling.
Add a bit of fear and you will be dealing with sheep mentality selling down to crazy levels.
Even a company like PLA deserves a higher share price then we have right now imho, and if we have to believe the latest update on smokey hill production, the we are dirt cheap right now.
jojo
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