I find it mystifying that posters say things like the stock is undervalued, and the capital raising kills momentum so they are selling.
Surely, if the stock is undervalued you should be buying, and a cap raise open to you at a market discount is an opportunity.
Look at the bid and offer right now.
3m buyers, 0.2m sellers.
The funds from the cap raise go into the company bank account, they don't disappear.
Ann: Accelerated Non-Renounceable Entitlement Offer, page-48
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