The company has clearly laid out this years earnings so simple maths will show the result a CR will have. Either they dont do one and their working capital gets considerably smaller or they raise a small amount and keep a good size buffer. Both options will probably have similar effect on the SP..
Traders may have a cry, but LT investors should benefit from the return the money raised is intended to bring in
MOY Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held