Easy enough to quote someone and then say 'no', but doesn't add...

Easy enough to quote someone and then say 'no', but doesn't add anything at all to the conversation. If you have some reasoning behind your 'no' I'd like to hear it. I would have thought that the issue of shares at below the current trading price is usually dilutionary - but we naturally hope that the money raised will soon be put to good use to get things moving up again.

If I was a shreholder who wasn't able to raise the cash to participate in the SPP, I'd be feeling a bit miffed right now. NTA going up, SP going down.