I get what you’re saying but something doesn’t add up. Why would you only raise this amount knowing that you would have to raise again in June? for fear of diluting sh or damaging sp/ reputation further? it will damage sp in june anyway if you do a raise again and what would be the benefit to management in doing this and avoiding the inevitable. if imu is stuffed its stuffed there would be no benefit to management dragging this on for another 6 months or is there? only conclusion i can come up with is they are all in with pending data to revise sp upwards and or pen a deal.
not wishful thinking on my part it’s just what I believe makes sense to me.
IMU Price at posting:
3.6¢ Sentiment: None Disclosure: Held
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