A CR would be a direct slap in the face.
There's so many shares on issue that to dilute existing shareholders would be a remarkable step for the company to take at this stage. With such world-beating technology (x2) and a global environment that you would think is flush with funding for this kind of thing and not to mention two multi-billion dollar companies are now in bed with us it baffles my mind why the company would need to put their hand out to shareholders for more money?
Why do we need to have this discussion? Oh yes, because management haven't given us anything else to go on. Convert your oppies, trust us!
A CR would be a direct slap in the face. There's so many shares...
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