This is a lose lose for existing holders.
Either buy in to hold the value of your shares through the dilution, if you don't, the upside won't be as generous.
If they are dusters, the company has money, but shares will get smashed no matter which way you look at it.
The Pro Meo people will be talking up the strong balance sheet, but once again, that has only come about as the direct result of the Cap raising.
Just annoys me!