Keep your eye on the ball here folks. There is a much bigger picture to be seen.
Funds were required - Funds were raised.
Existing shareholders wanted to be included in the raising. They were.
I was anticipating a scale back but management decided to give existing long term shareholders what they wanted and raised more funds in the process.
Those long term holders selling out now and taking a profit I say good luck to you.
Those shorter term holders who have been diluted as a result of the raising (that includes me) will hopefully reap the rewards post consolidation as those funds raised are deployed.
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